Speculation about an Irish bailout has taken some of the focus away from Greece, for now, but...

|By:, SA News Editor

Speculation about an Irish bailout has taken some of the focus away from Greece, for now, but Greek officials are bracing for 'substantial pressure' from the EU and IMF this week to adopt additional austerity measures. Officials say the 2009 budget gap is expected to be 9.3-9.5% of GDP, vs. media reports of 9.2-9.3% and a target of 8.1%.