GDP growth in Greece slowed in the second quarter

106976

The economy of Greece grew by 0.2% in the second quarter relative to the previous quarter, when its growth was 0.9%, according to the National Statistical Service of the country. Compared to the same period last year, GDP of Greece grew by 1.8% after an increase of 2.5% in the first quarter. Exports of goods and services increased in annual terms by 9.5%, imports - by 4.2%. Growth in consumer spending amounted to 0.4%, business investment - 1.6%. At the same time, government spending fell by 2%. The rating agency Fitch in August raised the long-term rating of Greece in foreign currency from “B” to “BB-” against the background of improved public finances and relations with European creditors.


The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: