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EU commissioner confirms Croatia to be placed in EDP

Autor: spez
BRUSSELS, Nov 5 (Hina) - The European Commissioner for Economic and Monetary Affairs and the Euro and Vice President of the European Commission, Olli Rehn, confirmed on Tuesday that Croatia would soon be placed in the Excessive Deficit Procedure (EDP) considering that its budget deficit significantly exceeded the three percent mark and that public debt was expected to continue to grow rapidly.

(Hina) sp

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