Greek outlook worsens on central bank revisions
Nicholas Garganas, the governor of the central bank, said on Tuesday that growth was now expected to hit 3.5%, which he described as "significantly lower" than the February estimate of 3.7%.
The inflation estimate was revised from 3.4% to 4%. Fears of rising oil and labour costs had been realised, Garganas said, adding that "for this reason inflation will be higher than what we had originally
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