Tag Archives: Belgium

Inflation Rises by 2.7% in EU

BRUSSELS, Belgium – The energy prices increased the cost of living in the euro area last February, just as when the plants showed signs of recovery. The energy costs rose by 9.5% annual rate in the second month of the year and this contributed to estimates that consumer prices would rise Read On..

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Spain Strives to Lower Deficits

BRUSSELS, Belgium – Spain’s finance ministers of the euro zone were questioned on Monday because of the country’s high budget deficit. The deficit is on track to break the new rules harshest European Union (EU) this year, stressing that Madrid must reach its target by 2013.   After announcing that Read On..

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EU Discusses Spain’s Deficits

BRUSSELS, Belgium – Finance ministers of the euro zone signed the second rescue package for Greece on Monday and then brought their attention to Spain who is on the brink of breaking the new rules of the EU budget because they have failed to their deficit target this year.   Read On..

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Belgium’s Wide Austerity Measures

BRUSSELS, Belgium – The Belgian government agreed to extend austerity measures €1.820 million euros ($2.390 million) to keep its budget deficit in 2012 within the European Union.   After a week of talks, ministers from the coalition of six parties also decided to freeze another €650 million in expenses in Read On..

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