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"We are absolutely committed to budget repair," Shorten said.
Britain is not in the euro-zone, but is committed to budget balance in normal times.
The program of the Congress and the left-leaning parties, he added, would be committed to budget discipline, curbing wasteful spending, and emphasizing agriculture and pensions.
At the same time, France is committed to budget deficit targets as a member of the euro zone, and even if the targets are stretched, Mr. Hollande and Mr. Moscovici know they may have to make significant cuts in spending to remain credible with European partners and the markets.
And Washington is committed to budget cutting.
Similar(55)
The mission statement on the group's Web site says it is committed to resisting "budget cuts that undermine the lives, dignity and rights of poor and vulnerable people".
The company had reportedly outbid Warner Bros teamed up with MGM, who were willing to go as high as $50 million, and PalmStar's Kevin Frakes, who committed to a budget of $60 million for the movie.
Together, they are committed to further budget tightening, even though the economy is already slowing.
No fewer than five euro-zone governments have been toppled but their successors are committed to sounder budgeting and structural reforms.
Governors told the press he had indicated that he was not so committed to global budgets, and that it might be possible for the alliances to be voluntary, not mandatory.
World leaders have praised Europe for the steps it has taken in the last six months to end its sovereign debt crisis: the European Central Bank made unlimited, cheap short-term loans to financial institutions; countries including Spain and Italy committed to austerity budgets; Europe agreed to a bigger firewall; and Greece restructured its debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com