> Greek deficit widens 15% despite austerity

Greek deficit widens 15% despite austerity

Monday, 31/10/2011 | 19:40 GMT

Something tells me this won’t turn out well…

Greece just announced its deficit in the first 9 months of 2011 rose 15% versus the comparable period a year ago.

It was EUR 19.2 bln as of September 30, versus EUR 16.7 bln in 2010.

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