Area-based policies in urban areas - how to promote good living conditions for children and youth
2012
Greece is going through a major economic and social crisis. GDP has been falling continuously since the beginning of the crisis in 2008 up to 2011 (the rate of growth was -6.9% in 2011, -3.5% in 2010 and –3.2% in 2009). It is strongly expected that the recession of the Greek economy in 2012 will be deeper than projected, given that recent data (October 2012) estimate a recession of more than 7.2% of GDP.
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