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View Full Version : Lagarde Urges 'Gradual' Deficit Cut as Voters Reject Austerity - Bloomberg



NewsWhore
05-07-2012, 05:20 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFfsp4xkHjhGEBLix6Au6_TJIzLwg&url=http://www.bloomberg.com/news/2012-05-07/lagarde-urges-gradual-deficit-cut-as-voters-reject-austerity.html)


Lagarde Urges 'Gradual' Deficit Cut as Voters Reject Austerity (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFfsp4xkHjhGEBLix6Au6_TJIzLwg&url=http://www.bloomberg.com/news/2012-05-07/lagarde-urges-gradual-deficit-cut-as-voters-reject-austerity.html)
Bloomberg
The currency declined to $1.2955, the weakest since Jan. 25, before trading at $1.3056 at 3:58 pm New York time. While fiscal adjustment “is essential” and requires governments to lay out a plan for reducing debt in the medium run, “we know that fiscal ...

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