Brussels, 23/04/2014 (Agence Europe) - Last year saw eurozone and EU28 deficits start to decline in absolute terms, but public debt rose in both areas, according to the official figures published by the EU's statistical office, Eurostat, on Wednesday 23 April.
Within the eurozone, public deficit fell to 3% of GDP in 2013 from 3.7% in 2012. Luxembourg registered a surplus, and Germany came close to budget equilibrium. Simon O'Connor, a European Commission spokesman, stressed the significant...