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Greece to receive warning letter over incorrect deficit figures

The European Commission will on Wednesday (1 December) begin infringement proceedings against Greece for incorrectly presenting statistics relating to its budget.

Athens admitted earlier this month that its deficit figures had broken the EU's three percent limit every year from 1999 onwards.

The issue will be discussed in the European Commission meeting on Wednesday and sources close to the Greek government and the Commission have confirmed that they believe a letter will be sent...

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