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Government’s growth ambitions meet RRF reality
GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
Greece’s seasonally adjusted (SA) GDP moved up by 1.3 percent quarter-on-quarter (QoQ) in Q2, from a slightly upwards revised 0 percent in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
The marginal revision of the previous quarter took away the 0.1 percent QoQ contraction of the initial release, with the Greek economy growing continuously QoQ now since Q2 2020 when due to the pandemic it fell by 13.4 percent.
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