'slash debts in euro states'

BERLIN - European Central Bank president Jean-Claude Trichet has urged the 16 countries using the euro to slash their deficits "in 2011 at the latest".

BERLIN - European Central Bank president Jean-Claude Trichet has urged the 16 countries using the euro to slash their deficits "in 2011 at the latest".

"In the eurozone, budget deficits should be reduced in 2011 at the latest, in some countries already in 2010, to preserve faith in state finances," he said yesterday. - Sapa-AFP

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