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View Full Version : English Readies New Zealand Budget Amid Credit Rating Threat - Bloomberg



NewsWhore
05-26-2009, 09:11 AM
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English Readies New Zealand Budget Amid Credit Rating Threat (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DabcRUkO90dyE%26refer%3Daustralia&cid=1248072189&ei=2OwbSpCVNovGsgady5zGBQ&usg=AFQjCNE_P03fBLI1pI3YzqbIG1GHwjRVYQ)
Bloomberg
“Absent such developments, the foreign-currency rating could be lowered.” English said in April that the government&#39;s “books are undoubtedly in worse shape” than in December, when he predicted a deficit for the year to June 30 of NZ$6.63 billion ($4 ...


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