Thursday 18 March 2010

EU Criticises UK Deficit Plans


EU Criticises UK Deficit Plans
Olly Barrett, London Bureau

The European Union has criticised the UK over uncertainty about its plans to cut its budget deficit.
A European Commission report also says the UK government's deficit cutting proposals will see it miss EU targets and break EU rules.



The Labour government says cutting spending more quickly would harm economic recovery. But the EU report has given ammunition to opposition parties ahead of a UK general election.





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