ATHENS – Greece’s recession this year will be less harsh than previously seen, as the prestigious IOBE think-tank expects a smaller contraction of the economy. That’s mostly because of another record surge in tourism, the country’s biggest revenue-driver. In its quarterly report released on Oct. 15, IOBE estimated the economy will contract by 1.5-2 percent […] The post Milder 2015 Greek Recession Seen appeared first on The National Herald.
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