Greece's Second Quarter GDP Drops 0.2%
The Hellenic Statistical Authority (ELSTAT) confirmed that the nation's economy declined by 0.2% in 2014's second quarter.
This marks its slowest progress since 2008's third quarter. ELSTAT stated that the second quarter of this year's Gross Domestic Product (GDP) lessened by 0.2% based on volume, in comparison to the same timeframe last year, as determined by non-seasonally adjusted information.
The Greek statistics agency also revealed that GDP information in the first quarter of the year has been corrected to -1.1% from an original -0.9%. This was a result of the inclusion of new short-term figures and revised General Government quarterly data.
Related items
-
Greece Weighs Trump’s Invitation to Join New ‘Peace Council’
-
Greece missing big gains in global olive oil trade
-
Trump thanks Greece among UN SC members for vote
-
Djokovic charms Athens crowd, calls Greece 'second home'
-
Two Americans and 25 European ministers in Greece for the EU’s energy independence