The total value of Greek exports declined year on year by 9.4% in January 2014 to 3,752.5 million euros as against 4,142.6 million euros in 2013, according to statistical authority ELSTAT. The decrease, if petroleum related products are deducted from the equation, stands at 3.3%.

According to the Greek Statistical Authority (ELSTAT), the recession in 2013 is running with a rate of 3.7%.

Greek industrial output rose in December for the first time in six months, adding to signs that the economy may be bottoming out after a six-year slump.