Prompted by World Headlines
The Greek Finance Minister is scheduled to table a revised draft 2013 budget today. The budget calls for Greek economic contraction of 4.5% in 2013, and is said to potentially result in a 2013 surplus of about 0.5% of Greece’s 2013 forecast GDP. This revised budget apparently will be voted on by November 11, prior to further bailout advances that are currently still under negotiation.