ELSTAT: 0.9% GDP recession during first half of 2016

29 August 2016
208 Views

The Greek statistics authority ELSTAT has published its provisional tables and figures on the Gross Domestic Product (GDP) for the second quarter of 2016.

According to ELSTAT’s figures, there was a 0.9% rate of recession in the second quarter, followed by a 1% rate of recession in the first quarter. Initial predictions suggested a 0.7% and 0.8% rate respectively.

On a quarterly basis, the estimated rate of growth amounted to 0.2%, compared to an 0.3% rate in the initial predictions.

You may be interested

FYROM Foreign Minister: We were and will remain Macedonians
GREECE
shares48 views
GREECE
shares48 views

FYROM Foreign Minister: We were and will remain Macedonians

makis - Jan 19, 2018

Foreign Affairs Minister of FYROM Nikola Dimitrov clarified that his country’s interests in the negotiations with Greece over the name…

EuroWorking Group gives “go-ahead” for completion of 3rd review
FINANCE
shares51 views
FINANCE
shares51 views

EuroWorking Group gives “go-ahead” for completion of 3rd review

makis - Jan 19, 2018

The EuroWorking Group (EWG) is expected to issue a positive report for the completion of the third review of the…

Tsipras: Solution not only for name dispute, but also to irredentist rhetoric by FYROM
POLITICS
shares69 views
POLITICS
shares69 views

Tsipras: Solution not only for name dispute, but also to irredentist rhetoric by FYROM

makis - Jan 19, 2018

Greek PM Alexis Tsipras said his government was determined to reach a mutually acceptable solution on the name dispute with…

Leave a Comment

Your email address will not be published.