World news about “Deficit” published by euronews.
Egypt homing in on 3.7 billion euro IMF loan Egypt is closing to sealing a 3.7 billion euro loan from the International Monetary Fund. After years of political turmoil and plunging foreign currency… 05/04/2013
Portugal’s deficit cutting timetable ‘to be eased’ Portugal is reportedly to get more time to cut its budget deficit. As part of Lisbon’s 78 billion euro bailout, inspectors from the ‘troika’ of lenders –… 11/03/2013
Portugal back in bond market Portugal enjoyed strong demand from investors in its first sale of longer term government bonds since Lisbon was forced to asked for an EU bailout two years… 23/01/2013
French central bank sees recession this year The central bank in Paris has said that it expects France’s economy to slip into recession as this year ends. That would make it harder for the government… 09/11/2012
Deficit gains, debt pain for eurozone While the eurozone made dramatic inroads into its fiscal deficit deadweight last year, slashing it to 4.1 percent of GDP from 2010’s 6.2 percent, total public… 22/10/2012
Greece: more time, more cuts? Greece’s Prime Minister Antonis Samaras is on a charm offensive meeting eurozone leaders to try to persuade them that all his country needs is more time to… 22/08/2012
Spain warns of second quarter contraction Spain is forecasting an economic contraction for the second quarter of 0.3%. This would be in line with the contraction from January to March. The Economy… 21/05/2012
Spain to spend less on health, education To calm euro zone debt crisis fears, the Spanish conservative government plans to axe ten billion euros in spending on health and education to meet a deficit… 24/04/2012
Net profit dive for Rusal Rusal, the world’s top aluminium maker saw its yearly net profit dive by 92 per cent. The company was hit by a write-down in the value of its stake in Norlisk… 19/03/2012
Eurozone and US hit China trade balance China has recorded its first trade deficit for 11 years, according to official figures. The world’s second largest economy posted a deficit of just under… 12/03/2012
EU checks Spain’s deficit figures The European Commission has confirmed it sent inspectors to Spain this week to evaluate its budget deficit figures for last year. That after the numbers… 09/03/2012
Tough times hit Carrefour’s plans Carrefour has cut it dividend payment to shareholders in half in anticipation of another tough year in its home market, France, and throughout austerity-hit… 08/03/2012
Are EU’s new budget rules golden? The budget discipline compact signed in Brussels on Friday is needed because for years eurozone countries lived beyond their means borrowing money and running… 02/03/2012
Anger over bonuses at loss-making RBS Britain’s Royal Bank of Scotland is again the target of public outrage with fresh protests at its branches after the lender awarded over 925 million euros in… 23/02/2012
French economy on notice France is showing some lucky numbers, doing better, economically, it seems, than its EU partners, notably Germany. It is avoiding recession, posting growth… 15/02/2012
Greece a mounting concern for MEPs While it was not on the formal agenda at the European Parliament, Greece’s current financial plight continued to dominate discussions in Strasbourg. Some… 15/02/2012
Spain facing fine over deficit claims The European Commission could fine Spain’s new government for allegedly exaggerating last year’s deficit figures so that the current year’s data would look… 14/02/2012
Paying the price for Germany’s economic miracle Growth heading up – unemployment and the deficit going down – 2011 was a miracle year for Germany amid the crisis in Europe. But not everybody there has… 02/02/2012
Japan experiences first trade deficit since 1980 For the first time in more than 30 years Japan imported more than it exported. That annual trade deficit in 2011 came as the nuclear power shutdowns after… 25/01/2012
Fuel costs hit Qantas as airline posts lossesAustralia’s flagship carrier,Qantas Airways, has announced its first ever annual loss since privatisation in 1995. The company posted losses close to 200… 23/08/2012
More austerity pain for Spain with fresh cuts aheadFor Mariano Rajoy, it was payback time. He has got a banking bailout and an extra year to hit Spain’s deficit reduction targets. Now its European partners… 11/07/2012
EU finance ministers ease Spain’s painEU finance chiefs have held further talks in Brussels after a day which saw an easing of the fiscal pain for Spain. In addition to agreeing to lend the… 10/07/2012
EU finance chiefs hold further crunch talksEU finance ministers met in Brussels on Tuesday for further talks only hours after agreeing a blueprint to save Spain. That package will see an immediate… 10/07/2012
Spain revises 2011 budget deficitThe Spanish government has revised up its 2011 budget deficit. Madrid said last year’s annual deficit amount to 8.9 per cent of output, up from the 8.5 per… 19/05/2012
