greek economy contracts by 02 back in recession
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Greek economy contracts by 0.2%, back in recession

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Arab Today, arab today Greek economy contracts by 0.2%, back in recession

European Parliament in Brussels
Athens - Arab Today

Greece's economy contracted by 0.2 percent in the first quarter of this year, preliminary data from the national statistics agency ELSTAT showed Wednesday, pushing the country into recession.

The second consecutive quarterly fall in national output, following growth for most of 2014, coincided with a return to political uncertainty in the country and doubt over its 240-billion-euro ($270 billion) international bailout.

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