Papandreou’s 2010 Budget to Cut Deficit Approved After Three Rating Cuts

by admin on December 23, 2009

By Natalie Weeks and Paul Tugwell Dec. 24 (Bloomberg) — Prime Minister George Papandreou won passage of a 2010 budget to cut 8 billion euros ($11 billion) from the deficit after three credit rating companies lowered the country’s creditworthiness this month.

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Papandreou’s 2010 Budget to Cut Deficit Approved After Three Rating Cuts

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