A look at economic developments around the world (AP)

A look at economic developments and activity in major stock markets of the world Tuesday:

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Brussels (AP) - the Greece government deficit was significantly larger that forecast last year, data from the European Union have shown, noting the difficulties that the indebted countries is to get its finances under control.

Deficit of the EU Executive, predicts the Greece reached 10.5% in 2010, although economic output above 9.6% Commission European, last fall.

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London (AP) - European and American actions on strong corporate earnings from companies such as UBS, Ford, 3 M and as investors shrugged the News his most recent bad budget of Greece hit by the crisis.

After closed since Thursday for Easter, Germany of the DAX closed up 0.8%. The London FTSE 100 index was up 0.8%, while the CAC-40 of France increased by 0.6% to 4,046.54.

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TOKYO (AP) - Asia, the Nikkei 225 of the Japan index was down 1.1%. ABN Korea in the South declined by 0.6% and Hang Seng in Hong Kong fell by 1.1%.

Index Composite of Shanghai of mainland China lost 0.9%. Landmarks in Taiwan, Singapore, the Indonesia and the Philippines were also low.

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MADRID (AP) - Spain had to pay the high interest rates to raise 2 billion euros ($2.9 billion) in an auction of 3 and 6 months bills, although investors have been encouraged somewhat by the last digits of the government deficit.

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HONG KONG (AP) - global food prices which rose 30 percent in the first two months of the year are likely to push millions of Asian in extreme poverty and cut economic growth, the Asian Development Bank, said.

The rise of prices is reflected in the domestic food inflation of 10% on average in many Asian economies, which could lead to 64 million people in poverty the Bank said in a report, adding that it will also erode the living standards of families already living in poverty.

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BEIJING (AP) - the Australia and China signed a series of agreements at the start of a visit by Prime Minister Julia Gillard to strengthen links and smooth with the export market recent spat high in his country of cooperation.

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