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| READ THE ORIGINAL POST AT business.time.com |
How the world sees Greece
Monday, October 1, 2012
Greece Recession to Enter 6th Year, Budget Shows
ATHENS, Greece — Greece’s draft budget submitted to Parliament on Monday shows the country is set for a sixth year of recession, with its economy predicted to contract by 3.8 percent in 2013. This year’s recession is expected to see the economy shrink around 6.5 percent, the document said. Unemployment is predicted to rise to [...]