Economics
Greece Exited Recession in Second Quarter: EU Commission
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Greece’s gross domestic product expanded in the second quarter on a seasonally-adjusted basis, ending the worst recession since World War II for the country at the center of Europe’s debt crisis, according to the European Commission.
Greece’s economy is expected to grow 0.6 percent this year, before GDP expands 2.9 percent in 2015, the Commission said today in its Autumn Economic Forecast. Those forecasts are unchanged from its last report in May. For 2016 it predicts growth of 3.7 percent.