Day: February 27, 2013
Finance Minister Spills the Beans on Growth Outlook
Finance Minister Pierre Moscovici created news when he revealed exclusively to the AAPA on Feb.18 that the government was moving away from its earlier pledge to bring its budget deficit down to 3% of gross domestic product this year, arguing that Europe's recession had created an "exceptional" situation requiring less austerity. The minister's comments were picked up widely…