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Europe Daily Bulletin No. 10527

10 January 2012
ECONOMY - FINANCE - BUSINESS / (ae) belgium
Additional austerity measures well received

Brussels, 09/01/2012 (Agence Europe) - The European Commission positively received the declarations made by the Belgian government to tighten its belt in 2012 and bring its budget deficit to below the national GDP ceiling of 3%. On Monday 9 January, the spokesman for the commissioner for euro affairs Olli Rehn declared that the decision to establish a budgetary reserve on top of the measures already included in the 2012 budget represented “important news that we will take into account in...