Predictions of a primary deficit surplus â¿¿ which strips out the cost of paying interest on outstanding debt â¿¿ of a modest 1.1 percent have also been revised downwards, with the projection now standing at 0.4 percent for next year.The recession, meanwhile, will be deeper than the 3.8 percent contraction the preliminary draft had predicted, with the new figures estimating the economy will shrink by 4.5 percent.
Greece Revises Debt Forecasts Up In Draft Budget
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