http://finance.yahoo.com/news/EU-warns-5-major-eurozone-apf-380714428.html?x=0&sec=topStories&pos=7&asset=&ccode=
We're all going down together kids.
But hey the banks survived.
The European Union on Wednesday warned Germany, France, Spain, Italy and the Netherlands that they are relying too much on a strong economic recovery to meet debt reduction targets.
European Commission reports say that the five largest nations that use the euro have "rather optimistic" growth forecasts in their programs to cut budget deficits to the EU limit of 3 percent of gross domestic product.
It said budget figures could be worse than they expect if growth remains slow.
