Brussels, 29/01/2010 (Agence Europe) - The European Commission will adopt its opinion on Greece's stability programme (to get back below 3% of GDP by the end of 2012) on Wednesday 3 February, and will, at the same time, set out the measures to be taken to correct the excessive deficit. Thus it will move to the next stage in the excessive deficit procedure (Article 126.9 of the Treaty - formerly 104§9). Once the recommendation has been adopted by the Council (on 16 February), Greece will have four months to put effective measures into place. On Wednesday, the Commission will also adopt a recommendation under Article 121.4 of the Treaty, which allows it to send a warning to a member state when that state's economic policies are not in line with the Broad Economic Policy Guidelines. The Greek case will require the Commission to present a proposal on strengthening Eurostat's powers to monitor the quality of statistics in the field of public finances. This series of decisions is designed to support Greece's ambitious financial recovery plan to restore the country's credibility, the Commission says, which is demanding that the Greek government applies the plan rigorously. Greek Prime Minister Georgios Papandreo and Finance Minister Georgios Papaconstantinidou said in Davos that Greece would manage through its own means to reduce the budgetary deficit and that no financial aid plan on the part of other European countries was envisaged. (A.B./transl.rt)