Greek economy to shrink by 5 pct in 2013 think tank

Greek economy is forecast to shrink by 5 percent in 2013, according to the results of a survey by a local think tank presented in Athens on Tuesday.A day after Eurogroup cleared a new bailout loan tranche for debt-ridden Greece, experts of the Greek Foundation for Economic and Industrial Research (IOBE) backed up suggestions by foreign auditors for the necessity of full and fast implementation of ...

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