Greek economy unexpectedly grows

Greek economy unexpectedly grows

Greece's economy in the second quarter showed an unexpected increase, evidenced by the preliminary data of the statistical office ELSTAT. Instead of the fall of 0.8% predicted by experts the GDP from April to June added 0.8% compared with the first quarter, according to Euronews. According to the statistical office of the country, retail sales rose 2.3% in May alone. People, fearing the country's exit from the euro zone, converted savings in goods, especially durables, such as cars. In addition, the tourist season began in May. However, the final report for the second quarter will be published in late August, and experts do not rule out that the data will be corrected.

 

Photo: energypress.eu