The change was made in the context of the revision of the GDP figures for the period 2006 to 2011. The greater decline in last year's GDP means the targets for the 2013 draft budget that was tabled in Greek Parliament on 8th of October will have to be revised. This first draft sees Greece's GDP shrinking to 200.9 billion Euros this year and to 193 billion in 2013. Once the revised figures for 2011 are factored in, the estimates will also drop further, rendering the picture of the country's economy even weaker. [2] ....   Read more
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