EU questions budgets of seven eurozone countries
The European Commission on Tuesday demanded "clarifications" from seven eurozone countries over their draft budgets, expressing particular concern that Italy, Cyprus and Finland are not meeting EU targets.
(AFP) The European Commission on Tuesday demanded "clarifications" from seven eurozone countries over their draft budgets, expressing particular concern that Italy, Cyprus and Finland are not meeting EU targets.
Belgium, Portugal, Spain and Lithuania, whose budgets were flagged for different reasons, have also been sent letters by the EU executive seeking explanations. The countries' responses are due by Thursday.
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