Greece will shrink its budget deficit in line with EU/IMF targets this year despite an expected upward revision of last year's budget gap by Eurostat, the country's prime minister said on Thursday.
"Despite the new revisions by Eurostat we will meet the targets we have set for the deficit this year and it will not be necessary to take measures that will further burden Greek citizens," Prime Minister George Papandreou told socialist party deputies in parliament.
The European Union's statistical office will revise upwards Greece's budget deficit and public debt figures for 2006-2009 this month, the European Commission said on Wednesday.
News source: Reuters link: article
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