Finance ministers from the 15-strong euro area have agreed to drop the goal of balancing the budgetary deficits by 2010, while concluding that the bloc does not need an extra package similar to the bank rescue plan but aimed instead at kick-starting the faltering economy.
Meeting in Brussels on Monday (3 November) on the eve of a full EU ministerial session on finance, the ministers decided that their previous medium-term objective of zero deficits by the end of this decade - agreed in...
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