Greek economy contracts 0.9% in third quarter

GMT 10:26 2015 Friday ,27 November

Arab Today, arab today Greek economy contracts 0.9% in third quarter

Greece's state statistics agency
Athens - Arab Today

Greece's state statistics agency on Friday drastically revised downwards the economy's third-quarter contraction to 0.9 percent, from 0.5 percent previously.

"These differences are on account of using new data, not available at the time of the flash estimate," the Elstat agency said, citing a mixture of September balance of payments data, service turnover and jobless figures as factors for the downturn.

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