*Portugal to more than halve deficit by end-2015, then more. LISBON, March 9- Portugal's international bailout is expected to end in mid-May. To avoid a repeat of the 78 billion euro financial rescue agreed in May 2011 with the European Union and the International Monetary Fund, Lisbon cannot let up on shrinking its budget gap and trimming a huge sovereign debt.» Read More
WHITE HOUSE SAYS WILL PAY FOR ALL NEW INITIATIVES AND WILL SUPPORT NEW DEFICIT REDUCTION THROUGH TAX REFORM.
AMMAN, Jan 26- Jordan must persist with economic reforms to ensure its economy keeps growing and its budget deficit is under control, the central bank governor said, warning against slackening as financial pressures ease and political pressures mount.
ACCRA, Jan 24- Ghana has put on hold plans to introduce a windfall tax on mining profits, Finance Minister Seth Terkper told Reuters, a move that will delight struggling gold firms but could undermine efforts to reduce the country's budget deficit.
Congress should act as soon as possible and make sure there are no more self-inflicted wounds, says U.S. Treasury Secretary Jack Lew, discussing why lawmakers need to act in a timely manner to increase the nation's debt limit so the government can pay its bills.
Kenneth Rogoff, Harvard University professor, shares his thoughts on the biggest threats to the global economic recovery.
David Wessel, Brookings Institution and Glenn Hutchins, Silver Lake Partners co-founder, shares their thoughts on why Congress needs to fix the long-term deficit problem and redesign government benefit problems.
One day the market is going to wake up and say to Congress, you have a dysfunctional government, you're addicted to debt and the fiscal path you're on is not sustainable, says Erskine Bowles, Campaign to Fix the Debt co-founder, discussing the nation's looming deficit, with former Sen. Judd Gregg, (R-NH).
Former Sen. Judd Gregg, (R-NH), and Erskine Bowles, Campaign to Fix the Debt co-founder, share their thoughts on whether yesterday's budget deal goes far enough to reduce the nation's massive deficit. It is a step in the right direction but we still have the same big challenges to face, Bowles points out.
Sen. Johnny Isakson (R-GA) discusses the passage of the budget procedural vote and highlights the key accomplishments of the bill.
Joseph LaVorgna, Deutsche Bank chief U.S. economist , and Charles Bobrinskoy, Ariel Investments vice chairman & director of research, discuss a December taper and their 2014 market outlooks.
Jerry Castellini, CastleArk Management president & CIO, and Uri Landesman, Platinum Partners president, discuss how the market will react to the taper. Castellini says investors will use the concept of the taper as a reason to get involved in the market, rather than to leave it.
Looking ahead to next year, and how the budget agreement in Washington may impact the Fed's decision to taper, with Former OMB director Peter Orszag of Citigroup Global Banking.
Congressional negotiators have reached a bipartisan budget compromise. CNBC's John Harwood and Maya MacGuineas, head of the campaign to fix the debt, discuss if the far left and far right of each party will sign off on the deal.
CNBC's John Harwood reports House and Senate budget negotiations near a $90 billion deal. The proposed bill would reduce shutdown risk, but offers little long-term deficit reduction.
Glenn Hutchins, Silver Lake Partners co-founder, discusses the creation of the Hutchins Center on Fiscal and Monetary Policy. "We want to be the go-to place for authoritative thinking," Hutchins says.
LONDON, Dec 5- British finance minister George Osborne celebrated a sharp turnaround in the economy as vindication of his push to fix a gaping budget deficit on Thursday but he said he would not relax his austerity grip in the years ahead.
UK finance minister George Osborne says Britain must work through the government's budget plan to "secure" the economy in the long term.
UK finance minister George Osborne says the country will have a budget surplus by 2018/19.
UK finance minister George Osborne makes his opening remarks as he delivers the Autumn Statement.
MADRID, Nov 20- Spain's economy is on a strong enough recovery path to achieve three more years of deficit reduction without further spending cuts or tax hikes, the treasury minister told Reuters.