EU rebukes seven member states over excessive deficits

EU member states on Friday endorsed findings that seven of the 27 member states have excessive budget deficits, kick-starting a formal procedure intended to reduce borrowing. The member states green-lit a European Commission recommendation to begin pro…

EU rebukes seven member states over excessive deficits

EU member states on Friday endorsed findings that seven of the 27 member states have excessive budget deficits, kick-starting a formal procedure intended to reduce borrowing. The member states green-lit a European Commission recommendation to begin pro…