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Rehn reassures markets over debt concerns 
Portugal bailout discussed Reports from Germany say the country may be able to keep its deficit down to within EU sanctioned limits this year. Finance Minister Wolfgang Schaeuble has said that borrowing should end up being 10 billion euros less than previously predicted. The Bundesbank has raised growth forecasts, saying the outlook for the German economy has brightened perceptibly. But it warns that unemployment will remain high.
More about: Bunbury, EU Budget, Financial CrisisCopyright © 2012 euronews
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