Not exact matches
In the more realistic case that growth is 1pc lower than forecast, but is coupled with an ambitious
budget surplus of around 2.5 pc of GDP, Greece would still require a total write - off of its
entire first bail - out
package worth $ 53.1 bn.
The
entire concept was reportedly rejected by Senate Republican Leader Dean Skelos during the final week of
budget negotiations, only to reappear as part of the final
package.
Then came an ultimatum: If there's no
budget deal by June 28 (three months after the
budget was due), Paterson said he'll include the rest of his executive
budget in that day's emergency extender bill — forcing the Legislature either to OK the
entire package or shut down the government.
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