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The majority of European Union (EU).........>

RATINGS
RATINGS: The majority of European Union (EU) countries will see a deterioration
in their structural fiscal balance in 2018-19, despite broad improvements in
their headline budget positions, Moody's Investors Service said in a report
today. 
- "European countries' nominal fiscal positions are improving as the cyclical
upswing supports revenue and eases spending pressures," said Sarah Carlson, a
Moody's Senior Vice President and the report's co-author. "But the majority of
EU countries will witness a fiscal deterioration in structural terms in 2018-19,
as European fiscal policies remain pro-cyclical."

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