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EU focuses on reducing deficits

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EU focuses on reducing deficits

A
AFP English

8 Views • Aug 09, 2011

Description

European Central Bank chief Jean-Claude Trichet on Tuesday called on European governments, notably Italy and Spain, to "do their job" in reducing their public deficits and stabilising their finances. Meanwhile French budget minister Valerie Pecresse says France maintains its target of reducing its public deficit to 4.6 percent of GDP next year and will employ extra efforts to do so. Duration: 00:26