Stournaras Disputes OECD forecast

Greek Finance Minister said the Paris-based Organisation for Economic Cooperation and Development (OECD) was wrong in a report which predicted the country’s recession would cointinue for a seventh year in 2014. The OECD report released on May 29 forecast that the Greek economy would shrink by 4.8 percent this year and 1.2 percent next year. However, speaking on the sidelines of the OECD ...

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