Brussels, 24/06/2009 (Agence Europe) - The Commission completed its assessment of stability and and convergence programmes for 2009 on Wednesday 24 June. The last five countries, Austria, Belgium, Romania, Slovenia and Slovakia, will see a marked deterioration in their public finances, the Commission says, warning of serious risks to their respective targets.
Austria. From 0.4% of GDP in 2008, the Austrian deficit is expected to rise ot 3.5% of GDP in 2009 and 4.7% over the period from 2010...