Your Search Returned 193 tagged news reports
Finance March 30, 2009, Monday it is crucial that governments ... commit to correct public deficits from the moment the economy starts to recover, which is expected to happen gradually in 2010", Economic Affairs Commissioner, Joaquin Almunia, said. Five...
Tags: budget deficit, Greece
The Philippines is eyeing a modest" surplus during the last quarter of the year, Finance Secretary Margarito B...Manila hopes to be in positive territory with a P182 million surplus in the fourth quarter after it expects a P110.1 billion fiscal gap in...
Tags: Philippines, budget deficit
Irish people are spending 20% less on eating out because of the recession, according to a survey by the Restaurant Association of Ireland. The association says the number of diners has fallen by 10% and almost half of restaurateurs say they are finding...
Tags: Retail Ireland, Restaurant Association of Ireland, Mr Cowen, living standards, Brian Cowen, cabinet meeting, budget deficit, emergency budget
The government is sticking with this year's budget deficit goal of P177.2 billion ($3.6 billion), the finance minister said, even as revenues likely fell short of target in the first two months of the year. Finance Secretary Margarito Teves said the government...
Tags: budget deficit, fiscal gap, gap target
The European Commission is expected to set deadlines on Tuesday for France, Greece, Ireland, Spain and the UK to rein in their swelling budget deficits. Under EU rules, countries are expected to keep their budget shortfalls below 3% of gross domestic...
Tags: Spain, Ireland, budget deficit, France, The European Commission, Greece, eu rules, domestic product, gross domestic
Serbia this year needs up to euro1.5 billion in foreign loans to cover a swelling budget deficit created by the global financial crisis, the prime minister said Wednesday. Mirko Cvetkovic said those funds will be sought from foreign creditors, including...
Tags: Serbia, Mirko Cvetkovic, IMF, prime minister, budget deficit
Gov. Pat Quinn wants to use tax breaks like a state sales tax holiday to take the sting out of his proposed income tax increase, but he could just be passing along the pain. ''Right now, the way it's proposed, it's a bayonet to the wounded,'' said Dave...
Tags: Pat Quinn, Illinoisans, Illinois House, Illinois Retail Merchants Association, income tax, tax increase, modern times, greatest crisis, budget deficit, proposed income
The government has this Monday started negotiations with the International Monetary Fund, IMF, over a new standby arrangement. Serbia is set to seek a new loan of EUR 2bn at most, along with the already approved EUR 520mn. The money is planned to go toward...
Tags: Serbian, IMF, Balkans, Belgrade Politika, Mladjan Dinkic, budget deficit, EUR, International Monetary Fund
That’s well on the way to hitting the Obama administration’s projection of a record annual imbalance of $1.75 trillion. The Treasury Department also said that the February deficit reached $192.8 billion, a record for the month and up 10 percent from a...
Tags: net worth, U.S, household net, Citing Federal Reserve, budget deficit, Treasury Department, retail sales
After exhausting all efforts to contain the impact of the global financial crisis, GCC governments' response is now gradually shifting from monetary to fiscal measures. There is also the willingness to continue spending, setting the scene for the resolution...