Greek Economy Returns to Recession After Shrinking in Fourth Quarter
- GDP falls 0.6 percent in fourth quarter, second straight drop
- Return of country's economic slump ends recovery of 2014
Farmers clash with police in front of the Agriculture ministry in Athens, on Feb. 12, 2016.
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Greece entered a recession in the fourth quarter, ending a turbulent year with its economy back in the doldrums.
Gross domestic product contracted 0.6 percent in the three months through December after shrinking a revised 1.4 percent in the previous quarter, the Hellenic Statistical Authority said in an e-mailed statement on Friday. The median estimate in a Bloomberg survey was for a 0.8 percent drop.