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Greek economy to shrink by 3% in 2011, BoG

15 February 11 - RE+D Magazine

COMPANIES

ETAD.A.E.

Public entity - GREECE

Eurobank Property Services

Consultant - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

PEOPLE

Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services

The Greek economy will shrink by at least 3.0 pct, real wages will fall by 5.0 pct, unemployment will rise further and inflation will decline this year, the Bank of Greece (BoG) announced on Tuesday, in presenting its monetary policy report.

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