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EU sees Germany keeping budget surplus, Italy's debt to shoot up

FILE PHOTO: The logo of German lighting manufacturer Osram is illuminated
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BRUSSELS (Reuters) - The euro zone will restrain spending under draft budget plans submitted by the bloc's governments, the European Commission forecast on Thursday, despite calls to counter a worsening economic slowdown.In its quarterly economic forecasts, Brussels said Germany, the largest economy in the 19-country bloc, would keep a budget surplus at least until 2021, although the surplus would..
Date Published: Nov 07, 2019
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