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Image header Agence Europe
Europe Daily Bulletin No. 10259
Contents Publication in full By article 19 / 43
GENERAL NEWS / (eu) eu/greece

Unveiling of next year's draft budget

Brussels, 18/11/2010 (Agence Europe) - On Thursday 18 November, the Greek government unveiled its draft budget for 2011, including cuts of €14.3 billion to bring the public deficit down to 7.4% of GDP next year (despite the austerity programme requirement of a 7.6% deficit in 2011). The healthcare spending of public companies is expected to be slashed. Pensions will be frozen at their current rate and state railway, mining, gambling and defence companies will be sold off. (M.B./transl.fl)

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