article_snippet.sent: The plan had reduced the deficit from a record £153billion under Labour in 2009-10 to £90billion last year.
article_snippet.sent: ‘the deficit has been significantly reduced over the last few years,’ said Mrs Lagarde.
article_snippet.sent: – the deficit halved as a share of GDP, strong growth, record high employment, record low inflation,’ Mr Schaeuble said.
article_snippet.sent: In more good news, yesterday’s figures showed the unemployment rate has also fallen to pre-crisis levels of 5.6 per cent.
article_snippet.sent: It was last this low in June 2008.