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According to the Guardian,
In an interview with Reuters soon after the exit poll put his Labour party in the lead, Viktor Uspaskich outlined a plan which would put generating economic growth ahead of rigid measures of fiscal discipline.

Asked if he would stick to the 3% rule, Uspaskich, a Russian-born businessman, said: "Of course to begin with, let's put it this way, we will."

But he said there could be a case later on for widening the deficit to invest in promoting growth, even if that meant exceeding the 3% threshold.

"How otherwise can you generate [growth in] the economy if you only borrow to cover regular expenditure? You need to borrow for generating [growth]."

by gk (gk (gk quattro due due sette @gmail.com)) on Mon Oct 15th, 2012 at 02:51:16 AM EST
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