• Sees deficit of 5.4% of GDP if debt swap implemented, 6.7% if not
  • 2011 deficit of 9% as per last govt estimate
  • 2011 deficit at 19.68 bln euros vs 18.69 bln in initial Oct budget draft
  • 2912 deficit at 14.22 bln euros with out debt swap vs 14.66 bln estimate in initial draft budgets. 2012 deficit with debt swap at 11.43 bln euros
  • Sees real GDP shrinking by 5.5% in 2011, 2.8% in 2012
  • 2012 debt at 145.5% of GDP at 309.3 bln euros if debt swap implemented
  • 2011 debt at 161.75 at 352 bln euros

Privatisations include Opap, Hellenic Petroleum, Water utilities, Natural Gas and State lotteries. Expects 9.3bln euros in receipts in 2012, and 1.7bln euros this year