LONDON (MarketWatch) -- The Greek government is set to announce more austerity measures as early as next week as it attempts to cut its budget deficit from nearly 13% of gross domestic product in 2009 to 8.7% of GDP this year and 2.7% by 2012, Dow Jones Newswires reported Tuesday. The measures would come in response to pressure from visiting European Union and International Monetary Fund officials, the report said, citing an unidentified person close to the government. The delegation will "strongly urge" the government to adopt additional measures worth 2 billion to 2.5 billion euros ($2.7 billion to $3.4 billion), the report said, citing the person.