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My bad, I was repeating a previous calculation with the wrong numbers. The primary deficit this year is predicted according to the Greek ministry of finance's 2011 budget (a work of speculative fiction in many respects, but anyway) to be around 2 billion Euros (actually 1,7 but that has been already corrected. That is less than 5% of current expenditures, something like 3,5%.

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Sat Apr 16th, 2011 at 01:31:34 PM EST
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