Economy

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Photo by MacroPolis GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4

Greece’s seasonally adjusted (SA) GDP rose by 2.7 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2020 after an upward revised increase of 3.1 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.

Photo by Gerasimos Domenikos/Fosphotos Company closures dropped sharply during the pandemic

The number of enterprises in Greece that closed last year fell by more than a fifth last year, while the number of new start-ups was virtually unchanged from the year before, according to data from the Hellenic Statistical Authority.

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