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Tue 03 Mar 2010EU calls on Greece to take further measures to cut deficit
EUROPEAN MONETARY affairs commissioner Olli Rehn yesterday called on Greece to implement further measures to ensure its deficit reduction target of 4 per cent this year.
“The measures outlined in the Greek stability plan over January and February certainly go in the right direction but . . . additional measures of fiscal consolidation are necessary so that the deficit reduction target for this year can be met,” Mr Rehn told journalists in Athens. He described meeting this target as “the one single most important thing for the moment”.
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