Revised GDP data shows recession for 2016, higher growth in 2014

By Gerasimos Domenikos/Fosphotos
By Gerasimos Domenikos/Fosphotos

According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual National Accounts, Greece found itself in a marginal recession of 0.2 percent in real terms last year.

ELSTAT initially announced this March that there had been no change (0 percent) in GDP last year.

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