Budget Deficit

Budget Deficit News

• Thai Budget Bureau to Propose Bigger Deficit on Flood Spending

  Updated 19 minutes ago

  Thailand’s Cabinet will tomorrow consider widening the 2012 budget deficit by 50 billion baht to fund flood reconstruction, said Worawit Jumpeerath, head of the Budget Bureau.

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  Central Banks Selling Most Treasuries Since 2007 Prove No Barrier to Rally

  Updated 50 minutes ago

  International central banks are selling the most Treasuries since the credit crisis began just as institutional investors load up on U.S. government bonds.

• Bank of Israel Sees 2011 Budget Deficit at Close to 3% of GDP

  Updated 50 minutes ago

  The Bank of Israel said today that based on fiscal developments in the first eight months of this year its forecast for the 2011 budget deficit stands at close to 3 percent of the gross domestic product, which is within the budget framework.

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  Bond Trust Rises as 10-Year Posting Best World Gain on Tusk: Poland Credit

  Updated 23 minutes ago

  Growing investor confidence in Prime Minister Donald Tusk’s re-elected government is making Poland’s 10-year bonds the best-performing sovereign debt worldwide.

• Greek 2010 Budget Deficit Was 10.6 Percent of GDP, Elstat Says

  Updated 29 minutes ago

  Greece’s budget deficit in 2010 was 24.1 billion euros, or 10.6 percent of gross domestic product, according to final estimates in a statement posted on the Athens-based Hellenic Statistical Authority website today.

• Bulgarian GDP Growth to Slow on Low Global Demand, IIF Says

  Updated 19 minutes ago

  Bulgaria’s economy will expand at a slower pace than government’s estimates until 2014 as the euro- area debt crisis cuts demand for exports from the Balkan nation, the Institute of International Finance said.

• Ukraine Wants to Cut State Budget Deficit to 1% in 2013

  Ukraine’s government wants to cut state budget deficit to 1 percent in 2013 from 1.6 percent planned for next year, Finance Ministry said today in a statement on its website.

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  Funds Spurn Euro as Bankers Prefer Yen, Pound

  Updated 16 minutes ago

  The euro’s rebound from its weakest levels since January is in jeopardy as banks from UBS AG to Morgan Stanley say they see money flowing out of the currency.

• Latvia Should Plan for Balanced Budget in 2013, Rimsevics Says

  Latvia, which had a budget deficit of almost 10 percent of gross domestic product in 2009, should plan to cut its deficit more than planned this year and balance it in 2013, central bank Governor Ilmars Rimsevics said.

• Treasuries Fall on Outlook for Europe; Yield at Six-Week High

  Treasuries fell, pushing yields to a six-week high, as European leaders work on a deadline to produce a plan to end the region’s sovereign debt crisis.

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Budget Deficit Videos

Audio

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• Coy, Sterngold Interview on U.S. Budget Deficit, Feb. 25

• Dugger Says U.S. Needs Independent Fiscal Council: Audio