A deeper-than-expected recession is likely to worsen Greece's budget shortfall,SWTOR Gold Sale, potentially forcing the country to slash spending and raise taxes by even more than planned.
That could further hurt investors' confidence in European policy makers, which already has taken a beating in recent weeks as governments have failed to agree on fundamental overhauls of the euro zone that would shore up its members' finances and improve the coordination of their economic policies.
Some Greek officials suggested gross domestic product could fall by more than 5% this year, instead of less than 4% as officially forecast.
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