ATHENS Feb 8 Greece projects a smaller budget
deficit in 2013 based on an updated 2013-16 fiscal plan released
on Friday, which takes into account debt relief measures it
agreed with its international lenders in December.
The plan targets a budget deficit of 4.3 percent of gross
domestic product (GDP) this year, smaller than a previous 5.5
Athens also predicted a 3.2 percent primary budget surplus
in 2016, smaller than a 4.5 percent previous target.
"The government believes ... that with the emphasis it will
place on structural measures and growth initiatives, it will
cover the small fiscal adjustment that might result in 2015-16,"
the plan said.