Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Updated privatisation plan seeks to make up for ground lost in 2020
Covid recession bumped pension spending to 18 pct of GDP in 2020
Greece draws another 3 bln from bond markets as debt strategy continues at pace
IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Greece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published Foundation for Economic and Industrial Research (IOBE).
Commenting on the recent agreement with the eurozone, the report notes there are a lot of positive elements that should ensure broad domestic support.
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