News
Bloomberg | Most U.S. States See Budget Balances Improve in 2014, S&P Says
More than half of U.S. states have larger 2014 general-fund balances than anticipated at the start of the year because of the strengthening economy, according to Standard & Poor’s.
Econ Comments & Analysis
CNN Money | It's official: Austerity drives down Europe's deficits
Net borrowing by the 18 governments sharing the euro totaled almost €293 billion ($404 billion) in 2013, €59 billion less than the previous year. That was right in line with the limit of 3% of GDP set in European Union laws designed to underpin the currency.
