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The issue has particular resonance in France, where the government is struggling to raise revenue in order to avert additional austerity measures as it attempts to stay within European Union deficit guidelines.
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You may wish to introduce students to the following words or concepts before reading: credit-fueled economic boom, austerity drive, European Union, budget deficit, exports, émigré.
And while other governors make national headlines for their battles over labor unions, budget deficits and illegal immigration, Mr. Cuomo is virtually invisible outside his home state — a stark contrast to more freewheeling and bombastic officials in New York and beyond.
For all 27 nations of the union, the government deficit fell to 4 percent from 4.4 percent.
"We don't want to see the European Union going in the direction of a deficit union".
Cooper Union's budget deficit reached $15 million annually in the late 1990s.
Karen Lewis, president of the teachers union, acknowledged the deficit but not the district's claims of its severity.
For all 27 European Union nations, the deficit shrank to 4.4 percent in 2011 from 6.5 percent a year earlier, even as debt grew to 82.5 percent of G.D.P. from 80 percent.
According to the return, Unite generated an income of £141.6m last year but spent £171.9m, pushing the union into a deficit of £30.2m.
Shadow ministers were also forced to defend Miliband's decision to attend the event, after Tory accusations that he had aligned himself with unions against all deficit reduction.
France's defiance of European Union rules on deficits came under attack yesterday from its own central bank governor, Jean-Claude Trichet.
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CEO of Professional Science Editing for Scientists @ prosciediting.com