Home » Posts tagged with "Major Economy"


Australia to become first Major Economy since start of Financial Crisis

Post Pic
Australia will become the first major economy in the developed world to record a surplus since the start of the global financial crisis. Julia Gillard, the prime minister, has pinned her political future on a “Robin Hood” budget which includes sweeping handouts worth more than £3 billion to reverse her dwindling public support. Relying on extra revenues from mining companies, the Government... 
Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.