Sentence examples for massive budget deficit from inspiring English sources

Instability in Europe is hardly conducive to the recovery of the British economy which has its own massive budget deficit.

The Tories inherited such a massive budget deficit (11% of GDP) that there was little political upside in postponing the pain.

Opponents fear the city, which is already running a massive budget deficit, would be on the hook for the infrastructure and security costs associated with the games.

Olli Rehn, the European commissioner for economic and monetary affairs, said Monday that there was "a clear case for additional measures" beyond those that Greece says are needed to hit a target for reducing its massive budget deficit this year.

Inflation is running officially at more than 11m% and probably, in reality, at more than 40m%, with the central bank printing an avalanche of money to cover a massive budget deficit.

Promising a series of future speeches setting out what could be done to put the British economy back on track, Cameron said: "There doesn't seem to be any recognition from the government that there is a massive budget deficit and something needs to be done about that".

Massive budget deficits have been the inevitable result.

In that scenario, UK leaders would have been forced to close massive budget deficits almost overnight.

Rogoff says that, if the markets suddenly forsook UK government debt "UK leaders would have been forced to close massive budget deficits almost overnight".

"The state [faces] a crippling checklist of problems including massive budget deficits, high unemployment, plunging home prices, rampant crime and sky-high taxes.

Currently, his government is under attack by various rebel armies with an estimated combined strength of 60,000, as well as protests sparked by the withdrawal of gas subsidies, massive budget deficits, failed harvests and steep increases in food prices.