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Friday, April 15, 2011

Greece plans 3 billion eur cushion for 2011 fiscal risks

Greece's medium-term fiscal plan will include measures totalling 3.0 billion euros ($4.3 billion) to cover for fiscal slippage this year, the finance minister said on Friday. "There will be interventions of 3.0 billion euros to cover risks and slippage, to remain within the (budget) targets that have been set," George Papaconstantinou said in a presentation of the plan.

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