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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar -
Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct -
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline -
Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism -
Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
Greek non-seasonally-adjusted GDP contracted 2.3 percent in the fourth quarter of 2013, which was 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent drop, according to provisional data published by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
ELSTAT revised the historical data for the period covering the first quarter of 2005 until the third quarter of 2013. The updated data point to a recession of 3.9 percent in 2013, which is slightly worse than the 3.7 percent indicated in flash estimates...
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