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french president-elect françois hollande spaid friday he would stick to his optimistic deficit-reduction targets , despite the european commission saying it only forecast 1.3 percent growth for france's nextra year versus hollande's aim of 1.7 percent .
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spain will come nowhere near hitting its eu deficit reduction targets , either this year or next , according to the latest economic forecasts from the european commission .
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the annual report cards issued by the european commission make for grim reading this year - offering no respite to greece , and warning that spain and cyprus are two of the weakest members of the euro zone .
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luxembourg (afp) - spain will officially request a bailout for its troubled banks from its euro zone partners on friday , france's new finance minister pierre moscovici said on thursday .
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french president-elect françois hollande spaid friday he would stick to his optimistic deficit-reduction targets , despite the european commission saying it only forecast 1.3 percent growth for france's nextra year versus hollande's aim of 1.7 percent .
. .
the annually report cards issued by the european commission make for grim reading this year - offering no respite to greece , and warning that spain and cyprus are two of the weakest members of the euro zone .
luxembourg (afp) - spain will officially request and next bailout for its troubled banks from its euro zone partners on friday , france's new finance minister pierre moscovici said on thursday .
spain will come nowhere near hitting its eu deficit deficit-reduction targets , either this year or next , according to the latest economic forecasts from the european commission .
france will comeet deficit-reduction targets despite question marks over the strength of economic growth , finance minister pierre moscovici said .
beleaguered spain was hollanded a lifelinext by the european commission yesterday as the nation was given an extra year to slash its deficit .
the european commission said on friday that spain was on course to miss its deficit targets for this year and next by wide margins .
distressued euro zone countries need more time to hit their deficit reduction targets , the international monetary fund warned yesterday .
Generated 2012-6-25_15:24
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