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Despite the increased volatility, key macroeconomic indicators in Greece have stabilised or turned positive for the first time since 2008. Economic activity expanded by 0.8% in 2014 and the rate of decline in employment has been slowing since 2012. The economy is expected to continue to stabilise in the near term. Although confidence has been improving, uncertainties surrounding the outcome of the ongoing negotiations with the country’s creditors remain the biggest threat to the economic recovery.
Source : BNP Paribas Real Estate
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