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Image header Agence Europe
Europe Daily Bulletin No. 10002
Contents Publication in full By article 14 / 37
GENERAL NEWS / (eu) eu/eurogroup

Exasperation at Greece's new budget deficit statistics

Luxembourg, 20/10/2009 (Agence Europe) - After the meeting of Eurogroup (finance ministers from the eurozone) on Monday 19 October 2009, EU Financial and Monetary Affairs Commissioner Joaquín Almunia and the chair of Eurogroup, Jean-Claude Juncker, confirmed their concerns about the credibility of Greece's budget statistics. Last week, Greece announced that its budget deficit may rise to more than 10% of GDP this year, despite official government forecasts of 6% and an initial of 3.7%. The...

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