Greek outlook bleaker than lenders think local think tank calculates update

By George Georgiopoulos Greece's economy could shrink by as much as 5 percent this year, the Athens-based IOBE think tank said on Tuesday, revising down its previous projection and offering a more pessimistic forecast than the country's foreign lenders.Athens, which has been limping along on bailout funds since 2010, secured its latest lifeline from its European Union and International ...

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