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EU: Commission backs members' austerity measures

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EU: Commission backs members' austerity measures

A
AFP English

21 Views • Jun 15, 2010

Description

EU Commissioner for Economic Affairs Olli Rehn estimated on Tuesday that austerity measures taken by 12 EU member states were 'sufficient to achieve the targets in 2010,' but that EU members will need to 'substantiate the budgetary targets for the years beyond this year' in order to bring the deficits back under the three percent of GDP limit.Duration: 01:05