Brussels cautiously welcomes the efforts Greek.

Keywords: deficit, rigor, reforms, BRUSSELS, GREECE.

The program of drastic reforms undertaken by Athens is on track, according to Brussels. But some economic data are missing .

Mention " fairly well " . The European Commission approved Wednesday the establishment of the Greek reform plan . The drastic austerity plan developed as part of the aid plan of 110 billion euros granted by the International Monetary Fund and the European Union , is consistent with commitments in Athens , says Brussels. However, the Commission notes that certain macroeconomic data are incomplete , and that the Greek economy suffers from a lack of competition .
" There is no complete documents involving financial data sectors which have experienced large deficits in the past , like the health system , "says the European Commission, which is still very cautious on this point. In the health sector , " the progress seems pretty slow and the available data are scarce. " The government should also strengthen its control over state enterprises .
The good report comes after Brussels the publication of the Greek deficit for the first half of 2010. The government has managed to fill the financial abyss of 41.6 % compared to 2009 , he argued Monday. " The goal for the year is to reduce the deficit by 40% , and we do better " , welcomed the Minister of Finance , George Papaconstantinou. He expressed confidence in the ability of Greece to maintain this target of 40 % deficit over the year.

Analysts doubt:
Some analysts remain skeptical . " If the Greek budget deficit is in the nails, why Athens did he need so much money ? "asks Ciaran O'Hagan , strategist at Societe Generale CIB. According to his calculations , Greece has raised from investors , the International Monetary Fund and the EU over 57 billion euros in the short , medium or long term, since the beginning of the year. Compared to 56 billion euros raised in 2009.
Athens will also return test markets mid- July for a bond issue in the short term of 4 billion euros .