7 years ago
Greece out of recession for first time
The Greek economy emerged from recession for the first time since 2014, managing two straight quarters of GDP growth, figures released Monday showed. Greece’s gross domestic product (GDP) increased by 0.5 percent in the three months to September from the previous quarter, and by 1.5 percent from the third quarter of 2015, statistics bureau Elstat said. It had already nudged 0.2 percent higher in the second quarter from the first. Two consecutive quarters of growth officially mark the end of a recession.
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