Greek economy shrinks again

Author (Person)
Series Title
Series Details 13.8.11
Publication Date 13/08/2011
Content Type

The Greek economy shrank again in the second quarter of 2011, confirming that it is mired in recession and making it harder to attain the fiscal deficit target cited in the medium-term fiscal strategy plan spanning the period 2011-15.
Related Links
Website: Hellenic Statistical Authority (EL.STAT) http://www.statistics.gr/portal/page/portal/ESYE
EL.STAT: Press Release, 12.8.11: Quarterly National Accounts, 2Q, 2011 http://www.statistics.gr/portal/page/portal/ESYE/BUCKET/General/QNA_Q2_2011_EN.pdf
BBC News, 12.8.11: France and Greece feel economic strain http://www.bbc.co.uk/news/business-14503196
Kathimerini, 12.8.11: Greek recession slows in Q2 but austerity hurting http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_8266_12/08/2011_402154
ESO: Background information: Moody’s cuts Greek debt by three notches http://www.europeansources.info/record/moodys-cuts-greek-debt-by-three-notches/
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