LOGO
LOGO

European Economic News

Greece Economy Expands In Q2

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Greece's economy expanded in the three months ended June after contracting in the previous quarter, preliminary figures from the Hellenic Statistical Authority showed Friday.

Gross domestic product rose a seasonally adjusted 0.3 percent from the first quarter, when it fell by 0.1 percent.

In the fourth quarter of 2015, the economy showed a positive growth of 0.2 percent.

On an annual basis, GDP declined at a slower pace of 0.7 percent in the second quarter, following a 0.8 percent fall in the preceding quarter. It was much lower than the 1.8 percent drop expected by economists.

Similarly, the economy contracted an unadjusted 0.1 percent annually in the June quarter, weaker than the 0.8 percent decline in the March quarter. This was the fourth successive quarterly decrease.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.