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    Greek economy shrinks further, EU hits back at IMF over bail - Forum

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    Forum moderator: arya, dethalternate 
    Forum » untoten.reich » World News » Greek economy shrinks further, EU hits back at IMF over bail (video)
    Greek economy shrinks further, EU hits back at IMF over bail
    dethalternateDate: Friday, 07-June-2013, 10:10 PM | Message # 1
    -- dragon lord--
    Group: lords
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    Greece's economy continues to contract. It shrank 5.6 percent between January and March from the same period last year.

    It was the 19th straight quarter of decline and followed a 5.7 percent slump in the fourth quarter of 2012.

    Greece is stuck in a spiral of falling consumption and investment.

    Athens has blamed the austerity measures forced on it by the European Union and the International Monetary Fund in return for a bailout to stop the country going bankrupt.

    A war of words has now broken out between Brussels and the IMF over that rescue.

    http://www.euronews.com
     
    Forum » untoten.reich » World News » Greek economy shrinks further, EU hits back at IMF over bail (video)
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