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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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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