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PBO sees medium-term risks mounting, despite positive near-term outlook
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Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
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Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
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Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
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Property prices rise by 9.4 pct in Q2, close to all-time high
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Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
Greek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic Statistical Authority (ELSTAT) on Monday.
The GDP data indicated that the recession reached 4.0 percent in the first nine months of the year. Greece has experienced negative growth since the third quarter of 2008 but the contraction has been slowing for the last year. This year's Q3 was the fou...
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