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Added on the 15/12/2008 19:11:52 - Copyright : Les Dernières Nouvelles d'Alsace
The European Commission reprimands France and six other countries for breaching the EU's spending rules. The Executive Vice-President of the European Commission, Valdis Dombrovskis, says "the opening of a deficit-based excessive deficit procedure is warranted" for France as well as Belgium, Italy, Hungary, Malta, Poland and Slovakia. The seven states had deficits -- the shortfall between government revenue and spending -- above three percent of gross domestic product, in violation of the bloc's fiscal rules. SOUNDBITE
Thousands of students march through downtown Buenos Aires in protest against budgets cuts to higher public education, research and science, declared by right-wing president Javier Milei's new government IMAGES
Canadian Finance Minister Chrystia Freeland unveils the government's budget proposal for 2024 to the House of Commons in Ottawa. IMAGES
British Prime Minister, Rishi Sunak, leaves 10 Downing Street for parliament, where he will face weekly questions and attend Finance Minister Jeremy Hunt's presentation of the government's last budget before a general election. IMAGES
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