Prime Minister Costas Karamanlis on Wednesday met with Economy and Finance Minister George Alogoskoufis and Development Minister Dimitris Sioufas and was briefed over economic developments in the country.

Speaking to reporters, after the meeting, Alogoskoufis said the meeting discussed next year's budget plan -due to be submitted to parliament next Monday- and stressed that the government has achieved a significant reduction of the country's fiscal deficit to 4.4 pct this year from 6.6 pct in 2004, predicting it would fall below 3.0 pct in 2006.

Commenting on a debt securitization plan, the Greek minister said it was a secondary issue cleared by the government.

Development minister said he briefed the PM over developments plans for 2006 and the years after.

Source: Athens News Agency

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