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Tuesday, July 03, 2012

Greece to present debt inspectors 'alarming' data - Yahoo! Finance

Greece to present debt inspectors 'alarming' data - Yahoo! Finance

 It is estimated to shrink a stunning 9.1 percent in the third quarter for a 6.7 percent contraction for the year as a whole, according to KEPE. That is almost twice as bad as official predictions made a few months ago.
Greece, regardless of which government represents it, cannot remain indifferent to this deep recession ... that is approaching an aggregate 20 percent of gross domestic product.

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