Monday, October 7, 2013

Voice of America: Greece Predicts 2014 End to Recession

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries 
Greece Predicts 2014 End to Recession
Oct 7th 2013, 17:35, by webdesk@voanews.com (VOA News)

Greece is predicting its six-year recession will end next year with a small economic advance. Athens said Monday it expects the country's economy to fall another 4 percent this year, but grow by six-tenths of a percent in 2014. Overall, its economy has shrunk by about a quarter since the global downturn began in 2008. Since then, Greece has been forced to secure two international bailouts totaling more than $325 billion to keep from defaulting on its debt. More than a quarter of the ...

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