Greek economy contracts in first half of 2016
- Written by E.Tsiliopoulos
The Greek economy remained in recession for the first half of 2016 , according to the official data released by the Greek Statistical Services (ELSTAT).
The report showed the Greek economy contorted by a further 0.7% compared top to 2015. A cause of optimism was the fact that there was a 0.3% rise in GDP during the second 3-month term of 2016 in comparison to the first three months of the year. ELSTAT revised its initial forecast for a recession of 1.3% to 0.8% for the first 3-month term of 2016.
Tagged under
Related items
-
Turkey under the microscope of the US Congress: Severe criticism for authoritarianism, persecution and rights violations
-
Giannis Antetokounmpo became... John Travolta in Grease for an advertisement for a company he's invested in
-
Germans are looking for Greeks for work - This is the profession that is becoming increasingly popular
-
Foreign Minister's demarche to Kiev regarding the sea drone in Lefkada: It could have caused innocent casualties, such actions are not justified
-
Esteemed actor Angelos Antonopoulos dies at 94
Latest from E.Tsiliopoulos
- Turkey under the microscope of the US Congress: Severe criticism for authoritarianism, persecution and rights violations
- Giannis Antetokounmpo became... John Travolta in Grease for an advertisement for a company he's invested in
- Germans are looking for Greeks for work - This is the profession that is becoming increasingly popular
- Foreign Minister's demarche to Kiev regarding the sea drone in Lefkada: It could have caused innocent casualties, such actions are not justified
- Esteemed actor Angelos Antonopoulos dies at 94
