Greek economy grows in second quarter, helped by consumer spending


  • World
  • Friday, 28 Aug 2015

ATHENS (Reuters) - Greece's economy grew 0.9 percent in the second quarter, compared with previous flash estimate of 0.8 percent earlier this month, helped by consumer spending and net exports, data showed on Friday.

Analysts say the data supports a more favourable outlook for the year as a whole than the official forecast for a 2.3 percent contraction and confirms that despite political upheaval, Greece has not returned to a recession in 2015.

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