Oct
03
[ON GREEK BUDGET OUTLOOK]
By[ON GREEK BUDGET OUTLOOK] According to 2001 budget draft, country's
deficit will be at around 7.0-7.1% for 2011 or about 16.3 bl, Reuters said
citing a senior govt source. The same source said budget deficit this year
would hit 18.5 bl euros 7.8% of GDP versus earlier 8.1% target, largely as
economy fared slightly better than expected. The unnamed official said GDP
would reach 236 bln euros vs initial forecast of 231 bln euros. The govt
source expected the numbers to be finalized tomorrow
GFTforex.com – Recent News Headlines