Greece to suffer a much deeper recession

Note: This section contains information in English only.
Source: BBC

As reported by Greek Prime Minister Antonis Samaras, Greece is going to fall into a much deeper recession than it was predicted earlier.  Samara expects nation's economy to shrink by 7 per cent, compared to a previous estimate of 5 per cent.  Moreover, Greece may ask for a third financial aid, approximately up to 50bn euros. On the top of that, Antonis Samaras added, that after five years of recession, the economy is not going to grow until 2014.

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