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Tuesday, October 6, 2015

IMF Predicts Greek Recession in 2015 and 2016 – Recovery in 2017

The International Monetary Fund foresees a deteriorating Greek economy, at least for the following year. In its World Economic Outlook report for October 2015 the IMF predicts that by the end of 2015 Greek GDP will have fallen by 2.3%, while in 2016 the country will have a recession of a 1.4% level. At the same


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