Eu Ecofın Councıl Meetıng Luxembourg

epa02191799 Luxembourg Finance Minister Luc Frieden adresses the media during the Ecofin council meeting at Luxembourg EU Headquater , 08 June 2010 . Budget deficits across the EU deepened massively last year as theeconomic crisis bitmember states scrambled to launch emergency spending . Despite sluggish growth , EU countries now want to slash their deficits - which often means less government spending to support economies - to restore their battered credibility .  EPA/NICOLAS BOUVY