In February Greek government said it had met its revised target for a 9.4% deficit in 2010.

Earlier today Eurostat reported Greek 2010 budget deficit was 10.5%/GDP.

The news has helped take a little steam out of the euro rally. We’re down at 1.4610 from session high 1.4651.

Finance Ministry says Greece remains focused on EU/IMF fiscal plan, will take all necessary measures.