Greek 2016 Growth Flat
Greek 2016 Growth Flat

Greek 2016 Growth Flat

Greek 2016 Growth Flat

Greek economic growth was flat last year, the country’s statistics service ELSTAT said on Wednesday, releasing its first estimate of full-year 2016 gross domestic product, Reuters reported. It said gross domestic product in volume terms and measured at constant prices was €184.5 billion ($194.7 billion) last year, unchanged from 2015. ELSTAT’s estimate, based on seasonally unadjusted data, showed the economy performed worse than the country’s official creditors were expecting based on their recent forecasts. The European Commission, in its winter forecast published in February, projected GDP growth of 0.3% in 2016 while the International Monetary Fund’s upwardly revised estimate saw GDP growth of 0.4%.


Short URL : https://goo.gl/84kS3L
  1. https://goo.gl/9UqOS1
  • https://goo.gl/9ZMJkk
  • https://goo.gl/fPuu8g
  • https://goo.gl/HWQoF8
  • https://goo.gl/nDMh4Y

You can also read ...

Bank of Japan Keeps Policy Steady
The Bank of Japan kept its monetary stimulus unchanged...
Sub-Saharan Africa is still the world’s least industrialized region.
While much of Africa has achieved impressive economic growth,...
German Ministry Optimistic About Third Quarter Growth
Germany’s economy weakened at the start of the third quarter...
WTO head Roberto Azevedo renews his concerns over worrying political headwinds, especially protectionism.
The World Trade Organization on Thursday upped its forecast...
China Vexed Over S&P Credit Rating Downgrade
China is angry at Standard and Poor’s following a downgrade of...
Asian central banks are not expected to mirror the Fed rate cycle as closely as in the past. The picture shows Indonesia Central Bank.
As the Federal Reserve signals an end to its decade of...
Russia Overcomes Recession
The national economy is growing and creating a base for future...
ECB: Immigration Boosts Euroland Labor Force
Immigrants have made a large contribution to the working-age...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.