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Greece: Fiscal Deficit

This month's updates on the 2009 Greek fiscal deficit – by Edward Hugh at A Fistful of Euros: here, here, here, here, and here. And a warning to Hungary – here: “So, Hungarian politicians be warned – You are not Greece right now, but you could so very easily end up where that poor, unfortunate country finds itself, and especially so if you make wildly optimistic growth scenarios, and debt to GDP forecasts, and doubly so if you think that coming out of the loving arms of the IMF will leave you free to go about your business as you see fit.”

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