Breaking News Headlines: Poland Economic Policy to Protect Growth:Tusk

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Breaking News Headlines: Poland Economic Policy to Protect Growth:Tusk

Breaking News Headlines: Poland Economic Policy to Protect Growth:Tusk
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Breaking News Headlines: Poland Economic Policy to Protect Growth:Tusk

Wochit 1:19 mins

Polish Prime Minister Donald Tusk said the government will run an economy balanced between fiscal discipline and economic expansion, signaling it will not sacrifice growth to spending cuts. The former communist country has posted nearly two decades of uninterrupted growth but its economy began to slow sharply last year and growth fell to near zero in the first quarter of 2013. A look at key moments this past week in the wrongful death trial in Los Angeles between Michael Jackson's mother, Katherine Jackson, and concert giant AEG Live LLC, and what is expected at court in the week ahead. A report say that France will pursue 14 billion euros ($18.2 billion) in spending cuts next year as it attempts to reduce the public deficit to 3 percent of economic output by 2015. France's Socialist government aims to tame the deficit by trimming ministerial budgets, cutting state aid to companies and reducing local government funding. With the economy back in a shallow recession, jobless claims at an all-time high and his approval ratings around 30 percent, President Francois Hollande has been reluctant to accelerate the cuts.

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