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Greece targets 4.2 deficit next year- draft budget

ATHENS, Oct 1 (Reuters) - Greece will seek to shrink its fiscal deficit to 4.2 percent of national output (GDP) next year from a projected 6.6 percent in 2012, with its economy forecast to contract by 3.8 percent, according to the country's draft budget released on Monday.

The draft budget targets a primary surplus of 1.1 percent of GDP next year with unemployment expected to hit 24.7 percent.

Public debt is projected to reach 179.3 percenty of GDP.

(Reporting by Dina Kyriakidou)

((george.georgiopoulos@thomsonreuters.com; +30210 337 6437; Reuters Messaging: george.georgiopoulos.thomsonreuters.com@reuters.net))

Keywords: GREECE ECONOMY/