News Summary: EU eases auster

News Summary: EU eases austerity drive
Associated Press

European Commission President Jose Manuel Barroso gestures while speaking during a media conference at EU headquarters in Brussels on Wednesday, May 29, 2013. The European Union announced Wednesday to grant France, Spain and four other member states more time to bring their budget deficits under control to support the bloc’s shrinking economy. (AP Photo/Virginia Mayo)

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