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Parliament Passes Austerity Budget to Halve Shortfall

Ljubljana, 11 May - The National Assembly has passed by 48 votes to 27 the austerity budget for this year which is aiming to cut the deficit to 3% of GDP or up to EUR 1.1bn. General government deficit is to reach 3.5-4% of GDP, from 6.4% at the end of last year.

Ljubljana
The National Assembly passing the supplementary budget for 2012.
Photo: Daniel Novakovič/STA

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