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Greek Economic Index Sentiment Rising

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The Foundation for Economic and Industrial Research (IOBE) administered an economic index sentiment, that rose to 99.1 point this May, marking a six-year high for Greece.

The Hellenic financial think-tank's index increased from last month's 95.4 figure. IOBE stated that a variety of economic sectors' outlook was positive and that the unemployment rate has ceased to increase. For the third consecutive month, consumer confidence has also upgraded.