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« Retail sales jump on autos, building materials (Reuters)
October retail sales post best showing since March (AP) »

Greece sees higher deficit after EU revises data (AP)

November 15, 2010 | Author Yahoo! News: Business - European Economy

The International Monetary Fund's Poul Thomsen, foreground, and Gerry Rice, enter the Greek Finance Ministry, in central Athens, on  Monday, Nov. 15, 2010. The IMF and European delegation are in Athens to monitor progress on cost-cutting reforms. The inspection is required before the IMF and EU countries grant the third installment of rescue loans to debt-ridden Greece. (AP Photo/Petros Giannakouris)AP - Greece expects the budget deficit in 2010 will be larger than initially targeted after the EU's statistics agency said Monday the country's debt last year was actually much higher than projected.


Posted in Economy, business | Tags: AP, EU, Greece

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