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8/27/10

Greek FinMin: recession to be milder than forecast

Greece's finance minister says his country's recession is milder than expected and that the economy will shrink by less than the forecast 4 percent this year.

George Papaconstantinou told deputies in Parliament Wednesday that there was now "light at the end of the tunnel" though problems remain.

He repeated the government's position that there was no question of Greece restructuring its debt.

For more: Greek FinMin: recession to be milder than forecast - AP News Wire, Associated Press News - Salon.com: "- Sent using Google Toolbar"

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