Greece sees its 2011 budget deficit at between 9.1 and 9.4 percent of gross domestic product, somewhat smaller than previously estimated thanks to better-than-expected property tax receipts, a Finance Ministry source said on Friday.
That number would, however, still be higher than the government?s latest official target of 9 percent. ?The numbers are not final yet but we believe the deficit will come in at between 9.1 and 9.4 percent [of GDP],? said the official, who declined to be named.
Greek government officials had previously estimated that the deficit would be above 9.5 percent of GDP.