Rehn: More measures to cut Greek deficit

Commissioner Olli Rehn on Monday tersely said that additional measures must be taken by the Greek government in order to meet a Stability & Growth Programme target of cutting its double-digit budget deficit by four percentage points in 2010.

Rehn's comments came during a highly anticipated press briefing at the European Commission's offices in downtown Athens, following a whirlwind round of contacts with top Greek ministers, the Bank of Greece governor and PM George Papandreou earlier in the day.