Flag_of_GreeceDebt-stricken Greece said today it has made huge progress in restoring its finances to health in the six months to June, cutting its public deficit by some 46%, well ahead of target.

The fall of 46% outpaced the target of 39.5% set by the government in order to slash the public deficit to 8.1% of GDP, more in line with EU rules and a first step toward economic recovery.

(READ more in RTE Business)

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