ECONOMY

Greek exports to decline, Reichenbach says

Greece?s exports will probably decline this year compared to 2011, Horst Reichenbach, the European Union official in charge of aiding the country?s administrative overhaul, was quoted as saying by Handelsblatt.

Reichenbach said Greek exports reversed their positive trend in November and probably won?t be as dynamic in 2012 as last year, according to an interview with Reichenbach in the Dusseldorf, Germany-based newspaper on Monday. [Bloomberg]