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German let-off signals trouble for euro
"THE credibility of the European single currency was
severely undermined yesterday ... "
"The European Commission had wanted to issue an 'early warning' to force Berlin to curb an unsustainable budget deficit ... "
"[Germany's] deficit is forecast to rise to 2.7 per cent this year." ... [more]
| The forecast current fiscal deficit in Japan for the fiscal year 2000 was nearly 10%. Actual: General Government Operations Balance = -34,111.6 billion yen; Gross Domestic Production for Q301 = 121,963.9; FY00Deficit/Q3GDP*4 = 7% Data: Economic and Financial Data for Japan [jrr] |
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3:27:20 PM 
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