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Greece sees 2.8% economic growth in 2020

Bloomberg Greece’s government is forecasting 2.8% economic growth in 2020, which it says puts it on track to meet a budget target agreed with creditors while still enacting tax relief measures. The creditors, however, have warned that the cost of polices to which Prime Minister Kyriakos Mitsotakis’s government has committed will create a shortfall of up to 900 million euros ...

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Facebook skeptics offer derivatives to bet on Libra delays

Bloomberg Facebook Inc’s proposed cryptocurrency has faced such overwhelming scorn since it was announced in June that an exchange is facilitating bets on whether the social-media company can come close to meeting its target launch date. CoinFLEX, a crypto-futures exchange that launched earlier this year, is offering derivatives that pay out based on the likelihood Libra will be operational by ...

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India’s Oyo raises $1.5b at $10b valuation

Bloomberg Oyo Hotels and Homes is raising $1.5 billion from founder Ritesh Agarwal, SoftBank Group Corp and other investors as the India lodging startup expands into foreign markets such as the US and Europe. Agarwal, 25, will spend $700 million to buy new shares in the company as part of a previously reported $2 billion plan to triple his ownership ...

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