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Friday, February 14, 2014

Greek economy contracts less than expected, points to 2014 recovery

Greece's economy shrank by a smaller-than-expected 3.7 percent last year, marking the first time it has outperformed expectations since a debt crisis took hold and boosting hopes for a recovery this year. Greece's gross domestic product has consistently missed targets set under its EU/IMF bailout partly due to a greater-than-expected impact from austerity cuts, making it ever harder for the ...

READ THE ORIGINAL POST AT finance.yahoo.com