Greek government to submit draft budget
on 07/10/2013 09:56:37
Hammered by a financial crisis, Greece has been dependent on rescue loans from other European Union countries and the International Monetary Fund since 2010.
In return, its economy has been put under strict supervision by the IMF, European Central Bank and European Commission, known as the "troika".
Successive governments have introduced repeated rounds of austerity measures to reform the country's finances and meet targets set for its budget deficit and state debt.
The Finance Ministry is due to submit the preliminary draft today.
The government is still negotiating details of the 2014 budget with the troika, and a final draft is expected to be submitted by November.