EU states given stark warning on debt levels

The European Union’s public debt could by 2014 rise to 100 per cent of gross domestic product – a year’s economic output – unless governments take firm action to restore fiscal discipline, EU finance ministers will be warned on 9 November 2009.

European Commission: DG Economic and Financial Affairs: Autumn Forecast 2009-2011... http://ec.europa.eu/economy_finance/eu/forecasts/article16051_en.htm

ESO: Background Information: Commission raises EU growth forecasts http://www.europeansources.info/record/commission-raises-eu-growth-forecasts/

---