Still bailout-dependent Greece still lags behind EU, EZ in GDP growth rate

8 December 2017
1274 Views

Greece’s crucial need for economic recovery is still plagued by the lowest growth rates in Europe and the Eurozone, Eurostat announced on Thursday, after released updated figures and forecasts.

The development comes as the EU executive’s statistics authority revised, upwards, the European growth rate, with international ratings firms set to follow in terms of improved forecasts, assessments and provisions.

On a quarterly basis, GDP growth in Greece increased by an anemic 0.3 percent, and at 1.3 percent on an annual basis, Eurostat announced.

You may be interested

Confrontation between Dendias & Cavusoglu at the press conference
POLITICS
shares56 views
POLITICS
shares56 views

Confrontation between Dendias & Cavusoglu at the press conference

makis - Apr 15, 2021

Diplomatic etiquette was cast aside in an astonishing joint press conference between Greek Foreign minister Nios Dendias and his Turkish…

Russia suspends flights to Turkey
DEFENCE
shares40 views
DEFENCE
shares40 views

Russia suspends flights to Turkey

Panos - Apr 15, 2021

Russia will restrict flights to and from Turkey from April 15 to June 1 due to a rise in COVID-19…

EU member-states agree to issue Covid-19 travel certificate
GREECE
shares59 views
GREECE
shares59 views

EU member-states agree to issue Covid-19 travel certificate

Panos - Apr 15, 2021

European Union countries today formally agreed to issue Covid travel certificates as a step towards reopening tourism this summer with…

Leave a Comment

Your email address will not be published.