The European Commission will expose fiscal policies of Greece strict control
The European Commission supports the program of the Greek Government, aimed at reducing the budget deficit. However, these plans is very risky, and therefore requires monitoring of Brussels for their implementation, as well as possible additional measures to save the budget. , Said EU Commissioner for Economic Affairs Joaquin Almunia.
According to him, the EU will not tolerate deviation from the plan for debt reduction budget of Greece. "As soon as we notice a deviation, then the demand to take further measures", - quotes the European commissioner news agency Reuters. On Wednesday, 3 February, the European Commission will submit to Athens its recommendations on the implementation of conservation programs.
As the news agency dpa, the Greek budget deficit currently stands at nearly 13 percent of gross domestic product (GDP). This is the highest among eurozone countries. The Greek government intends to 2012 to reduce the budget deficit to 2.8 percent of GDP.
In accordance with the commitments made by countries within the zone of the single European currency, the government budget deficit should not exceed 3 percent of GDP.
evening of February 1 in a two-day visit to Greece will visit Germany"s Foreign Minister Guido Westerwelle. Scheduled to meet with President Karolos Papoulias and Prime Minister George Papandreou, said agency dpa, with reference to the Greek Foreign Ministry. The focus of the talks will, among other things, the financial situation in Greece.
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