Germany says deficit to be within EU limits in 2011

15th October 2010, Comments 0 comments

Germany is "confident" its public deficit will be less than three percent of gross domestic output (GDP) in 2011, within limits set out in EU rules, a spokesman for the government said, on Friday.

"We are confident that we will reach three percent next year," spokesman Steffen Seibert told a regular government briefing. "Our efforts have paid off."

© 2010 AFP

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