ASSESSMENTS

Greece: Wishful Budgeting - Take Two

Mar 3, 2010 | 13:55 GMT

LOUISA GOULIAMAKI/AFP/Getty Images

Summary

Greece's Cabinet has decided to implement new austerity measures in an attempt to reduce its budget deficit by an additional 4.8 billion euros, government officials close to the Cabinet say. However, the move may only be intended by Athens to give it room to breathe for the next few months.

Greece's Cabinet has decided to implement new austerity measures. ...

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