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Europe Daily Bulletin No. 10143

21 May 2010
GENERAL NEWS / (eu) ep/economy
Viability of public finances requires drastic budgetary clean-up operation

Brussels, 20/05/2010 (Agence Europe) - On Thursday 20 May, the European Parliament adopted a report on the long-term viability of public finances in which it, “expresses its deep concern at the high deficit and debt levels in the Member States”. The text was approved by 302 votes in favour, 275 against, with 34 abstentions. It “warns against using the crisis as a pretext not to consolidate public finances, not to decrease public spending and not to implement structural reforms”. In a...

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