Greece's Finance Ministry says its deficit reduction effort remained off target due to weak revenues during a worse-than-expected recession.
The January-May shortfall was euro10.26 billion ($14.6 billion), instead of euro9.1 billion. Spending was euro736 million ($1.05 billion) less than planned, but revenue was euro1.92 billion short of target, the ministry said Monday.
The figures relate to Greece's central government deficit, and do not include social security and local government costs, which the European Union also counts.
AP
