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There, his passion remained fiscal, and he was instrumental in pushing through a law requiring budget cuts if deficits were not reduced.
The euro rule requiring budget deficits to be less than 3% of GDP is to be drastically strengthened with quasi-automatic penalties for those who break the rule, they added.
Similar(58)
But those reforms required budget support that has not materialized.
"It's going to require budget decisions that'll be very difficult".
Results only come if that individual has seniority within the organization - actual transformations require budget.
Sources have stressed it is reaching the required budget cut which is important, rather than the number of personnel who must depart for that target to be reached.
Hockey said the government had listened to families and made a decision to prioritise funding for childcare, and that required budget savings to pay for it.
The country's international lenders have also demanded details on how Athens plans to plug a shortfall of €325 million in required budget savings, which was created by the insistence of political leaders on limiting cuts to pensions.
Greece's international lenders have demanded details on how Athens plans to make up a shortfall of $430 million in required budget savings after Greek political leaders insisted on limiting cuts to pensions.
Required budget 11.
Open image in new window Fig. 4 Repairing number and required budget for each mix conditions.
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