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Mar 12, 2013
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Greece's ailing economy contracted by 5.7 per cent in the fourth quarter of 2012
Greece's ailing economy contracted by 5.7 per cent in the fourth quarter of 2012 in an annual comparison, provisional data from the state statistics agency shows.The agency said on Monday the contraction was slightly lower than the previous estimate of 6.0 per cent for the fourth quarter announced a month ago.Combined with contraction data given for the first, second and third quarters, Greece's economy shrank by 6.4 per cent in 2012.
Source -
http://www.balkans.com
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