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Monday, August 12, 2013

Euro zone looks for positive growth but Greece isn?t so lucky

The euro zone this week may report positive growth for the first time since late 2011, but some of its member states will not share in the good news if it does.One is Greece, whose economy remains in the tank in spite of falling labour costs and booming tourism. On Monday, the Hellenic Statistical Authority reported that gross domestic product shrank 4.6 per cent in the second quarter, year on ...

READ THE ORIGINAL POST AT www.greekherald.com