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Thursday, May 30, 2013

Possibility of Grexit is now remote Greek cenbank says

ATHENS | Wed May 29, 2013 5:06am EDT
ATHENS May 29 (Reuters) - Fears that Greece may exit the euro zone are now remote but its economy will stay in recession for a sixth straight year in 2013 and unemployment will rise further before recovery sets in next year, the country's central bank said on Wednesday.
The Bank of Greece sees the economy contracting by 4.6 percent this year, ...

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