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Greece’s economy is growing again for the first time in three consecutive quarters, EU Commission says
CNA - Athanasios Athanasiou - Belgium/Brussels 07/02/2018 13:42


Greece’s economy is growing again with real GDP expected to have reached 1.6% in 2017, according to the winter interim economic forecast, published by the European Commission today in Brussels.

According to the Greek chapter of the report "the recovery is expected to strengthen in the coming years, providing further support for employment growth. Sustained commitment to structural reforms remains vital to the continued expansion."

According to provisional data that the Commission offers, real GDP in Greece grew by 0.3% (in quarterly basis) in the third quarter of 2017  corresponding to a growth of 1.1% (in annual basis) for the first three quarters of 2017. "This marks the first time since 2006 that the Greek economy has grown for three consecutive quarters," says the EC.

Meanwhile the labour market continues to improve, says the EC, with the

(CNA)

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