Skip navigation

Portugal PM says may need new easing of 2014 deficit goal

LISBON (Reuters) - Portugal is on course to meeting this year's deficit target but the government may require further easing of the goals agreed with its EU and IMF lenders for 2014, Prime Minister Pedro Passos Coelho said on Friday.Full story

ECB's Weidmann tells France: Don't repeat budget mistakes

PARIS (Reuters) - France must step up reforms to rein in its budget deficit, Bundesbank chief Jens Weidmann said in a magazine interview, urging Paris to avoid repeating "the mistakes of the past." Full story

Does shrinking deficit show it was just a GOP talking point?

  A new estimate from the Congressional Budget Office has the country's budget deficit shrinking to $642 billion by the end of fiscal 2013. So why does it seem like the budget, which has been shrinking over the past few years, is the best kept secret in politics? The Washington Post's Ezra Klein discu

Sponsored Links

Articles

Awaiting rebound in Europe, Poland stifles growth at home

IMF says Washington cutting budget deficits too quickly

France must reform or face punitive measures: EU's Oettinger

Analysis: Shrinking deficit reduces pressure for budget deal

Exclusive: Ghana plans up to $1 billion Eurobond in 2013

Rising revenues to shrink deficit rapidly through 2015: CBO

Rising revenues shrink deficit by $203 billion: Congressional Budget Office

U.S. charges 89 people in $223 million Medicare fraud schemes

Detroit emergency manager says city 'clearly insolvent'

April surplus of $113B lowers US budget deficit

Video

  How imbalance can cause civil collapse

Glenn Hubbard shares details from his new book, “Balance” which looks at the economics of great powers from ancient Rome to modern U.S.

  Republicans fall quiet in face of Obama deficit success

Rachel Maddow reports on the newly revised projections for the budget deficit showing the fastest deficit reduction under the Obama administration since World War II, and points out that the deficit was a top priority of Republicans in the 2012 election so we can surely expect them to praise the out

  Republicans completely ignore shrinking deficits

The CBO released a report this week that revealed deficits are shrinking at a historic pace. Chris Hayes talks about the CBO's report with Ezra Klein.

  Santelli: Keep It Simple, Keep It Honest, Keep It Non-par...

CNBC's Rick Santelli explains why there needs to be balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.

advertisement | ad info

Related Photos

A statue depicting European unity is seen outside the European Parliament in Brussels
A statue depicting European unity is seen outside the European Parliament in Brussels

A statue depicting European unity is seen outside the European Parliament in Brussels May 3, 2013. The euro zone economy will contract by more than expected this year and budget deficits will decline more slowly, the European Commission said on Friday as it set out forecasts for the next two years.

Pedestrians walk towards the Irish, Greek, Spanish and French national flags outside the European Parliament in Brussels
Pedestrians walk towards the Irish, Greek, Spanish and French national flags outside the European Parliament in Brussels

Pedestrians walk towards the (L-R) Irish, Greek, Spanish and French national flags outside the European Parliament in Brussels May 3, 2013. The euro zone economy will contract by more than expected this year and budget deficits will decline more slowly, the European Commission said on Friday as it s

Indonesian Chief Economic Minister Rajasa smiles after the handover ceremony at the Finance Ministry in Jakarta
Indonesian Chief Economic Minister Rajasa smiles after the handover ceremony at the Finance Ministry in Jakarta

Indonesian Chief Economic Minister Hatta Rajasa smiles after the handover ceremony at the Finance Ministry office in Jakarta April 22, 2013. Indonesia's acting finance minister Rajasa said on Monday after being sworn in that he wants to cut hefty government fuel subsidies and avoid deepening the fi

Indonesian Chief Economic Minister Rajasa stands next to his predecessor Martowardojo after the handover ceremony at the Finance Ministry in Jakarta
Indonesian Chief Economic Minister Rajasa stands next to his predecessor Martowardojo after the handover ceremony at the Finance Ministry in Jakarta

Indonesian Chief Economic Minister Hatta Rajasa stands next to his predecessor Agus Martowardojo after the handover ceremony at the Finance Ministry office in Jakarta April 22, 2013. Indonesia's acting finance minister Rajasa said on Monday after being sworn in that he wants to cut hefty governmen