Luxembourg running up a mid-year 590-million-euro deficit
Luxembourg's Finance Minister Luc Frieden presented an intermediate budget report about the first six months of 2013 on Friday, revealing a deficit of over 590 million euros.
(CS) Luxembourg's Finance Minister Luc Frieden presented an intermediate budget report about the first six months of 2013 on Friday, revealing a deficit of over 590 million euros.
Between the beginning of January and the end of June this year, the Luxembourg state spent some 6,962.7 million euros, marking an increase in spending of 4.9 percent compared to the same period of last year.
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