ELSTAT: 0.9% GDP recession during first half of 2016

29 August 2016
200 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

Tank “serves” glass of wine on main gun!
GREECE
shares31 views
GREECE
shares31 views

Tank “serves” glass of wine on main gun!

makis - Apr 25, 2018

There are many ways to serve a beverage, but employing a battle tank to do so has to be a…

Turkey asks Twitter to censor Greek website!
WORLD
shares25 views
WORLD
shares25 views

Turkey asks Twitter to censor Greek website!

makis - Apr 25, 2018

Turkey attempted to censor the Twitter account of a Greek website. According to the e-amyna.com Turkey requested from Twitter the…

Greek soldiers’ release appeal rejected a third time by Turkish court
GREECE
shares36 views
GREECE
shares36 views

Greek soldiers’ release appeal rejected a third time by Turkish court

makis - Apr 25, 2018

The third request for the release of the two Greek soldiers, Angelos Mitretodis and Dimitris Koutlatzis, who have been in…

Leave a Comment

Your email address will not be published.