Eu Ecofın Councıl Meetıng Luxembourg

EU ECOFIN COUNCIL MEETING LUXEMBOURGEPA02191802 GREEK FİNANCE MİNİSTER GEORGE PAPACONSTANTİNOU ADRESSES THE MEDİA DURİNG THE ECOFİN COUNCİL MEETİNG AT

Eu Ecofın Councıl Meetıng Luxembourg
 

epa02191802 Greek Finance Minister George Papaconstantinou adresses the media during the Ecofin council meeting at Luxembourg EU Headquater , 08 June 2010 . Greece ' s revelation of its colossal -long-concealed - budget deficit in the autumn shook marketssent the euro tumbling . 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

08 . 06 . 2010 15 : 05 : 52