Article 1
1. Greece shall put an end to the present excessive deficit situation as rapidly as possible and, at the latest, by the deadline of 2012. 2. The adjustment path towards the correction of the excessive deficit shall include a structural annual adjustment of at least 3½ percentage points of GDP in 2010 and 2011, and of at least 2½ percentage points of GDP in 2012. 3. The adjustment path referred to in paragraph 2 requires that the general government deficit does not exceed EUR 21 270 million in 2010, EUR 14 170 million in 2011 and EUR 7 360 million in 2012. 4. The adjustment path referred to in paragraph 2 requires that the annual change in the general government consolidated gross debt does not exceed EUR 21 760 million in 2010, EUR 14 680 million in 2011 and EUR 7 880 million in 2012. 5. The reduction of the deficit should be accelerated if the economic or budgetary conditions turn out better than currently expected.