Greece's economy will contract 2.5 percent next year, according to the 2012 draft budget the government submitted to parliament on Monday. "Due to the continuation of the stabilisation of the Greek economy and the considerable recession in 2011 with an expected contraction of 5.5 percent of GDP, the rhythm of the economy is expected to continue to be negative in 2012 before an expected recovery in 2013," it said.
GMT 17:19 2018 Thursday ,11 January
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Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
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China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
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