The Greek economy expanded in the first quarter, in contrast to the contraction estimated previously, data from the Hellenic Statistical Authority showed Friday.
Gross domestic product grew 0.4 percent sequentially in the first quarter instead of 0.1 percent fall estimated on May 15.
The expansion reversed fourth quarter's 1.1 percent decline. The upward revision to first quarter GDP suggested that the economy was not in recession.
Year-on-year, the economy expanded 0.4 percent compared to the previous estimate of 0.5 percent decline and the 1 percent fall in the fourth quarter.
On a non-seasonally adjusted basis, GDP advanced 0.8 percent annually versus prior estimate of 0.3 percent fall.
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.
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.