- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Greek GDP Shows No Growth in 2016 as Compared to Previous Year

© Photo : PixabayEurozone
Eurozone - Sputnik International
Subscribe
The GDP of Greece did not undergo any changes last year as compared to 2015, new data from the Hellenic Statistical Authority (ELSTAT) shows.

Euro coins are seen in front of a displayed Greece flag - Sputnik International
Germany Rules Out Haircut for Greece Despite Wartime Debt Relief for Berlin
ATHENS (Sputnik) — On Tuesday, ELSTAT said that the 2016 GDP dropped as compared to 2015 figures, however, on Wednesday the statistical body released new data, saying that the GDP reached 184.5 billion euros in 2016, showing 0 percent change over the previous year.

The GDP at market prices amounted to 175.9 billion euros in 2016, which is a growth of less than 0.1 percent over the 175.7 billion of 2015.

According to the Greek government, the downturn in the country’s economy has passed, even though there is essentially no growth.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала