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Tue 02 Feb 2010EU in fresh warning to Greece on deficit
OUTGOING EU economics commissioner Joaquin Almunia has warned that Greece will have to adopt new austerity measures if it fails to meet targets set out in an already tough emergency budget.
Mr Almunia said the budget programme was achievable but prone to risk. By mid-March, Greece will have to submit its first special report to Brussels on the implementation of the measures, with a follow-up due in mid-May.
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