2017-03-08primeeconomics.org

``The latest GDP figures for Greece, relating to Q4 of 2016, are disastrous. For Greece first and foremost, but also for the credibility of the EU and IMF's failed harsh austerity (but on the EU side no-debt-cancellation) policy.  Far from evidencing the long-promised recovery, they show a new decline in GDP -- both on the previous quarter (after seasonal adjustment) and year on year.''



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