LOGO
LOGO

European Economic News

Greece Revises Q2 GDP Growth Lower To 0.2%

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

Greece's economy expanded in the second quarter at a slightly slower pace than estimated earlier, latest figures from the Hellenic Statistical Authority showed Monday.

Gross domestic product grew a seasonally adjusted 0.2 percent sequentially, which was slightly slower than the 0.3 percent estimated earlier. In the first quarter, the economy contracted 0.2 percent.

On a year-on-year basis, GDP decreased a seasonally adjusted 0.9 percent in the second quarter, which was worse than the 0.7 percent fall initially estimated. In the first quarter, the economy shrunk 1 percent.

On a non-seasonally adjusted basis, GDP fell 0.4 percent annually, which was a severe decline than the 0.1 percent drop estimated earlier. In the first quarter, GDP declined 0.9 percent.

GDP has now declined for consecutive four quarters annually.

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.