The swelling public deficits in Portugal, Spain and Greece have plunged the eurozone into the biggest crisis in its 11-year life, presaging years of belt-tightening, analysts warn. It is a vicious financial circle; the more fears over deficits and debts grow, the harder it becomes for the
Alarm spreads over Europe’s massive deficits
written by John Beckham on February 7th, 2010 |
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