Officials say that budget plan of Greece will be completed by september

August 6, 2012 1:41 am Leave a Comment

Greece to Complete Budget Plan by Early September, Official Says

By Marcus Bensasson – Aug 5, 2012 12:42 PM GMT+0100

http://www.bloomberg.com/news/2012-08-05/greece-to-complete-budget-plan-by-early-september-official-says.html

The package of budget cuts Greece has to make to qualify for international rescue funds and keep it in the euro area will be completed by early September, a Greek finance ministry official said today.

Talks between representatives of Greece’s international creditors, the so-called troika, and the government agreed on a “good proportion” of measures, said the official, who declined to be identified because the talks are ongoing.

Work will continue on the package this week, the official said.

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