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Europe Daily Bulletin No. 8333

4 November 2002
Contents Publication in full By article 23 / 49
GENERAL NEWS / (eu) eu/emu
Greece expected to have a budget deficit in 2002 and 2003

Brussels, 04/11/2002 (Agence Europe) - Greek Finance Minister Nikos Christodoulakis has recognised that his country would have a budget deficit of 1.1% of GDP in 2002 and 0.9% in 2003, whereas, until now, Athens had been expecting a budget surplus of 0.4% this year and 0.5% next year.

These new figures result from Eurostat's update of the national accounts, in particular the "new classification of certain elements", explained Mr Christodoulakis, who added that this "did not call into...

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