Wednesday

4th May 2016

Ticker

Greece GDP to shrink by 25 percent

Greek authorities predict the country's economy will shrink by 25 percent by 2014, reports the Guardian. "The cumulative reduction [of gross domestic product] since 2008 is just under 20% and is expected to reach 25% by 2014," said the Greek minister of finance, Yannis Stournaras.

News in Brief

  1. Hungary to hold migrant quota referendum by October
  2. France rejects TTIP in its current form, says Hollande
  3. New commander takes charge of US forces in Europe
  4. Spain issues arrest warrants for Russian officials
  5. Pro-Putin bikers refused entry by Poland, Lithuania
  6. Nato gives details of new Baltic force
  7. German state gets historic Green-CDU coalition
  8. Chinese police to patrol Italian streets

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