Greece Reports 20th-Straight Quarter of Negative Growth

Greece on Monday reported its 20th quarter of negative growth in a row with the economy shrinking 4.6 per cent year-on-year in the second quarter of 2013, according to the Hellenic Statistical Authority. The economy contracted 5.6 per cent in the first quarter compared with the same quarter a year earlier, statistics showed. Finance Minister Yannis Stournaras said last week that he believed ...

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