Mubasher: Greece’s gross domestic product declined by 0.8% in the fourth quarter last year, according to revised data issued by the Greek statistical authority.
The authority said in a statement on its website that the Greek economy grew by 0.1% quarter on quarter in the fourth quarter of 2015, but shrank compared with the fourth quarter of 2014.
Primary estimates indicate that Greece’s GDP decreased in last quarter of 2015 to 1.9% y-o-y.
Meanwhile, exports fell by 8.8% in year on year in the fourth quarter.
