EU: Greece economy in sharp downturn over past 3 months
EU
Brussels - Arab Today
Greece's economy suffered an alarming slump in the first three months of 2015, the European Commission said on Tuesday, in a dangerous development as Athens continues to battle its EU-IMF creditors.
In its Spring forecasts, the EU executive slashed its overall 2015 growth forecast for Greece to 0.5 percent, a huge reduction from its earlier prediction of 2.5 percent.
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