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GDP
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EconomyMacroeconomy
Greece returns to growth after long recession, GDP figures show The Greek economy exited the recession in Q2 2014, posting the first GDP growth after 16 successive quarters of recession, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Greek economic contraction during crisis higher at 24.6 pct, revised data shows The Hellenic Statistical Authority (ELSTAT) released on October 10 a revision of national accounts for 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than the previous ESA 1995 before, which produced a deeper recession over the past few years.
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Economy
IMF lowers medium-term forecasts for Greek debt, 2014 financing needs The International Monetary Fund has provided updated forecasts on the key Greek macro and fiscal figures in its latest World Economic Outlook (WEO) and Fiscal Monitor (FM) reports.
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EconomyMacroeconomy
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
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EconomyMacroeconomy
Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop.
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EconomyMacroeconomy
Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010 Greek non-seasonally-adjusted GDP contracted 0.9 percent year on year (YoY) in the first quarter of 2014 from -2.3 percent posted in Q4 2013, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
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EconomyMacroeconomy
Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014 Greek non-seasonally-adjusted GDP contracted 1.1 percent year on year (YoY) in the first quarter (Q1) of 2014 from -2.3 percent in Q4 2013, according to flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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EconomyMacroeconomy
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.
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EconomyMacroeconomy
Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates Greek non-seasonally-adjusted GDP contracted 2.6 percent in the fourth quarter of 2013, further decelerating from the 3 percent drop posted in the third quarter, according to flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.
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EconomyMacroeconomy
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.