Oct. 10 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said discussions with inspectors from the European Union, European Central Bank and International Monetary Fund in Athens on budget targets for 2013 and 2014 have advanced.

Greece’s economy will expand in 2013 and the country must make radical efforts on spending from that year, Venizelos told lawmakers in Athens today.

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net