Brussels gets tough on budget shortfalls

France, Italy, Romania and Slovakia were admonished 30 January 2008 for not cutting their budget deficits sufficiently, in a sign that the European Commission is insisting on fiscal discipline even as Europe's economies slow.

http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/107&format=HTML&aged=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/107&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Press Release: IP/08/106: Commission assesses stability programmes of France and Italy http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/106&format=HTML&aged=0&language=EN&guiLanguage=en

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