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LONDON — The downtrodden Greek economy saw solid growth in the second quarter of 2017, data released by the country’s statistical authority on Friday showed.
Growth came in at 0.5%, ahead of the 0.4% growth in the first quarter, and well up on the 0.2% expansion that had been forecast prior to the release.
“The available seasonally adjusted data indicate that in the 2nd quarter of 2017 the Gross Domestic Product (GDP) in volume terms increased by 0.5% in comparison with the 1st quarter of 2017, while in comparison with the 2nd quarter of 2016, it increased by 0.8%,” a release by the Hellenic Statistical Authority said.
Written by Will Martin – Posted by James Hilton