Greece To Miss Deficit Targets Despite Austerity

Greece to miss deficit targets despite austerity

ATHENS (Reuters) - Greece will miss a deficit target set just months ago in a massive bailout package, according to government draft budget figures released on Sunday, showing that drastic steps taken to avert bankruptcy may not be enough.

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  • Greece to miss deficit targets; more cuts loom
    LONDON (MarketWatch) — The Greek government said it won’t meet its deficit target this year and agreed to additional austerity measures demanded by international lenders ahead of a meeting of euro-zone finance ministers later on Monday. The Greek ...
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  • Greece to miss deficit targets
    ATHENS, Greece - Greece won't meet 2011-2012 deficit targets imposed by international lenders as part of the country's bailout, the Finance Ministry announced Sunday. The country's deficit this year is expected to reach 8.5 percent of gross domestic ...
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  • Greece to miss deficit targets for 2011-2012
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