Germany intends to cut 2014 spending by €5B to €300B and balance its budget by 2015, a year ahead of schedule. Germany brought forward publication of its plans to before an EU summit today, when France and Italy may lead the charge for a relaxation of austerity. Germany wants to make the point that "consistent sustainable budgeting and growth are not mutually exclusive."
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment