Wall Street Journal
November 11, 2010
As we reported today, Greek monthly budget numbers don’t look so hot:
Anemic government revenue has pushed Greece behind its targets for reducing the state’s treacherous budget deficit, fresh data from monthly reports of the Greek finance ministry show.
The ministry reported that Greece’s central-government deficit narrowed 30% in the first 10 months of this year compared with a targeted narrowing of 32%.
Over the next few weeks, we’re going to see a pile of numbers coming in from Greek authorities and Eurostat. They’ll form a key scorecard for Greece’s all-important deficit-reduction plans.
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