WRAPUP 2-Greece on fiscal track, may get more help later-lenders

* Greece meets loan terms, to get third 9 bln euro tranche

* IMF moves to calm markets spooked by Irish crisis

* Says Greek loan extension, new options there if needed

* Greece should not go to markets before end-2011

* Athens pledges more measures, must shore up state banks

By Ingrid Melander and Harry Papachristou

ATHENS, Nov 23 (Reuters) - Greece pledged new fiscal measures to comply with a 110 billion euro ($151 billion) bailout and international lenders said on Tuesday more help would be available if needed when the three-year rescue scheme expired.

International Monetary Fund and European Union inspectors said that, while it would miss its 2010 deficit target, the country had made enough of an effort to qualify for the next, 9 billion euro instalment of its loan.

They also moved to reassure markets spooked by a second euro zone bailout now being negotiated in Dublin that Athens would not be left in the lurch if repayments on its emergency loan become too burdensome.

"What we are saying to the markets is we know there could be a problem (for Greece). Don't worry about it, if it proves to be a problem we'll deal with it," IMF mission chief for Greece, Poul Thomsen, told Reuters in an interview.

Greece, which in May became the first euro zone member to turn to its partners for help to avoid bankruptcy, would miss a full-year budget deficit target by about 1.5 percentage points, the lenders said, citing problems with tax collection, wasteful healthcare and inefficient state firms.

Athens pledged more cuts to stay on target in coming years.

"The program is broadly on track and policies are being implemented as agreed," Thomsen said.

Supplementary help for Greece could involve extending repayment of the loans beyond 2013 or providing fresh loans to refinance them, he said.

Finance Minister George Papaconstantinou has said Greece's prime funding crunch could come in 2014 and 2015. [ID:nLDE69A1YN]

Economists welcomed the news more help could be available, especially given recent threats from euro zone partner Austria that it could withhold its contribution to Greece's aid package. [ID:nLDE6AF1UJ]

"This looks reassuring, technically they will be getting additional money, but once again (lenders) highlight that Greece may have to take further consolidation measures and then the economy is going to go into a deep recession," said Ben May from Capital Economics.

Yield spreads on Greek sovereign debt were little changed after Tuesday's news.

The European Commission was confident all euro zone member states would agree to deliver their part of the third aid tranche, said Servaas Deroose, deputy director general for economic and financial affairs at the European Commission.

Deroose said he fully agreed with Thomsen's comments on extending loan repayments, becoming the first senior EU official to say he considered that an option.

MORE MEASURES ON HORIZON

International lenders said at the end of an inspection visit that although Greece technically missed full-year 2010 targets due to statistical revisions, it had made a huge fiscal effort and met third quarter cash targets -- on which the aid tranche depended.

The Socialist government, already facing public discontent over austerity, pledged to take more measures to cut spending in health and loss-making state firms, and broaden the tax base.

Greece's main labour union federation GSEE said it would call for a pan-European anti-austerity strike for next year, rallying workers across the continent.

"The Greeks alone, the Irish alone and the Portuguese alone can't achieve anything," GSEE spokesman Stathis Anestis told Reuters. "We will propose a pan-European strike for 2011."

Athens agreed to identify additional fiscal measures for 2012-2014, worth 5 percent of GDP, to be able to cut its budget deficit to below 3 percent of GDP by 2014, Thomsen told a news conference.

"The 5 percent cut has to come from fiscal structural reforms ... it will not come from tax increases, it has to come from better tax collection and from a more efficient use of public resources," he said.

But Greece is expected to fail to bring its deficit down to 8.1 percent of GDP or 18.5 billion euros this year -- a target agreed in May -- largely due to the impact of a revision of last year's deficit by the EU's statistics office. [ID:nLDE6AE0TV]

The lenders said the state sector needed to shrink and wages aligned be to productivity, but that any job cuts would be voluntary. They said Greece could save up to 2 percent of its 230 billion GDP in the medium term from health reforms alone.

"They need to have healthcare reform to control spending, they need to have tax administration reform," Thomsen said.

The mission welcomed Greek banks' recent efforts to tap financial markets to boost balance sheets but said Greece needed to do more to restructure state banks, especially ATEbank (AGBr.AT), which will remain as a standalone bank.

The government is also considering selling its holdings in state-controlled Postbank (GPSr.AT) Attica (BOAr.AT) when the time is right, the EU's Deroose told Reuters.

Thomsen reiterated the IMF's view, also shared by the EU and Greece, that any short-term benefits of debt restructuring would be outweighed by longer-term costs, saying he believed no restructuring would be necessary if fiscal adjustments continue.

Asked if the government's plan to return to bond markets next year was feasible, he said "yes" but added: "I think it's not realistic before the end of next year."

(Writing by Dina Kyriakidou; Additional reporting by Renee Maltezou and Lefteris Papadimas; Editing by Mike Peacock, John Stonestreet)