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Bloomberg: Greece back into recession

Greece’s economy went back into recession in the first quarter as a standoff with its international creditors renewed doubts about its place in the euro area.

  • Published in Greece

Social security fund IKA borrows to stay afloat

The Social Security Foundation (IKA), Greece’s largest pension fund, has decided to take short term loans worth €360 million in order to pay June’s pensions to its members, financial site enikonomia.gr reports.

  • Published in Greece
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