Broken pledges may hit euro zone: members struggle to keep within limits for deficits, fueling economic concerns

Article Abstract:

Six of the 12 euro-zone countries are posting budget deficits higher than 3% of their gross domestic product, the limit imposed under European Union guidelines. This is expected to slow growth in the collective economy, and has launched a debate regarding revisions to the system.

Product standards, safety, & recalls, Capital funds & cash flow, Standards, Economic conditions, Comparative analysis, Euro (Currency), Valuation, Deficit financing, Deficit spending, Euro currency transition, European monetary union

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EU may loosen budget rules on its 12 Euro-Zone countries

Article Abstract:

The European Union plans to loosen budget rules with 16 requirements for exemption from a cap on government deficits. Some economists forecast the compromise could cause a rise in interest rates and the instability of the Euro.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, European Union, Economic indicators, Juncker, Jean-Claude

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Weak recovery forces ECB to speed up rate-cut plan: move would seek to revive fledgling upturn slowed by terror fear, strong euro

Article Abstract:

The European Central Bank may reduce interest rates sooner than anticipated to head off risks to the region's economic recovery.

Strategy & planning, Interest Rates, Planning, Monetary policy, European Union. European Central Bank, Company business planning

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