Greece is on track to meet its 2010 budget deficit reduction target and will reach it if the country sticks to its current commitment to keep budget spending 4bln euro below plan, the European Commission said. "We are not asking Greece to make additional spending cuts," Commission spokesman Amadeu Altafaj said today, clarifying the conclusions of a Commission communication to EU finance ministers. The communication said Greece would meet the 2010 deficit target of 8 percent of GDP if it maintained very tight expenditure control "leading to total state expenditure of 4bln euro below plans to offset revenue shortfall and expenditure slippages in other government sectors". Altafaj clarified that the 4bln euro in additional savings were already an existing commitment by the Greek government, and that the government had already overperformed on that commitment in the first six months of this year.