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Europe Daily Bulletin No. 9989

2 October 2009
GENERAL NEWS / (eu) eu/eurogroup
Public deficit exit strategies will apply until 2011 at latest, economic upturn permitting

Göteborg, 01/10/2009 (Agence Europe) - An informal meeting of EU finance ministers and central bankers opened in Göteborg, Sweden, on Thursday 1 October 2009 with an updating of the situation surrounding EU Member States' exit strategies for paying back the debts they took on to boost the economy. There are signs of economic recovery but the participants believe it is too soon to halt the recovery programmes, the main cause of the excess budget deficits. The drawing up of national exit...

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