Economic and Financial Affairs press conference – April 2013

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European Union finance ministers approved a €7.3-billion increase in the bloc's spending for 2013 on Tuesday (14 May), as part of a deal to unblock talks on the EU's next long-term budget. EU ministers also negotiated agreements on updated EU-wide rules on the taxation of savings. The Council discussed macroeconomic imbalances, in particular the excessive imbalance situations in Spain and Slovenia.

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