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This year's budget deficit is likely to be bigger than was forecast in the spring, because revenues have been weaker than expected.
Economic growth for the euro zone this year was estimated at 1.3percentt, down from the 1.6percentt forecast in the spring, the commission said.
Moreover, the government's budget deficit this year is likely to be around euro46 billion ($45 billion), compared with the euro30.4 billion disingenuously forecast in the spring by the outgoing Socialist-led government.
The bank said it expected growth in gross domestic product to be between 4% and 4.5% this year, down from the 4.5% to 5% it forecast in the spring.
The deficit remains stubbornly high - the government is only half way through doing what it said it would complete by next year - and government borrowing is higher than forecast in the spring.
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