EU sees Germany keeping budget surplus, Italy's debt to shoot up
Share:
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 narrow. High-debt countries would keep spending, despite recommendations for thriftiness. France's..