November 10, 2009 / 10:34 PM / 8 years ago

Greek GDP to contract by 0.3 pct in 2010 -finmin

ATHENS, Nov 5 (Reuters) - Greece’s economy will contract by 0.3 percent of GDP in 2010 and the budget deficit will narrow to 9.4 percent of GDP from 12.7 percent this year with spending falling for the first time, Finance Minister George Papaconstantinou said on Thursday.

Reporting by Harry Papachristou; writing by Ingrid Melander; editing by Patrick Graham

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