Greek GDP shrank 0.4 pct in Q3
The Greek economy contracted by 0.4 pct in the third quarter of 2015 compared with the same period last year, Hellenic Statistical Authority said on Friday.
The statistics service, in its first estimate on the country’s Gross Domestic Product said that the GDP shrank 0.4 pct in the July-September period, compared with the corresponding period in 2014, while on a quarterly basis it shrank by 0.5 pct.
In the nine-month period from January to September, the GDP grew 0.37 pct on average, after a 0.75 pct increase in the first half. Based on non-seasonally adjusted figures, the Greek GDP fell 0.1 pct in the third quarter compared with the same period last year.
You may be interested
From Goa to Greece, Airbnb wants the travel-mad Indian millennial to ditch the hotel roomPanos - Oct 23, 2017
From roping in Bollywood celebrities to partnerships with local state governments, Airbnb, the online marketplace for accommodation, is trying to…
Brussels Airways flights to Kalamata begin in April 2018Panos - Oct 23, 2017
Brussels Airways will commence direct flights from the Belgian capital (Zaventem) to Kalamata, in extreme southern Greece, next year. Flights…