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Friday, September 6, 2013

Economy shrinks at smallest pace since 2010 in Q2 aided by tourism boost

Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in early three years and helped by a rebound in tourism, adding to signs the long economic slump may be bottoming out.In another encouraging sign, exports rose for the first time in five quarters, although the increase was slight, but imports fell sharply, partly reflecting still very weak domestic ...

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