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Resilient Greek Economy

(GREEK NEWS AGENDA)     The Greek economy showed resilience in the first three months of 2008, expanding by a better-than-expected annual rate of 3.6% in the first quarter of 2008, compared with the corresponding period last year, said the National Statistics Service .  Meanwhile, according to the Eurostat figures, gross domestic product (GDP) in the 15 eurozone countries rose by 0.7% in the January – March period against the previous quarter, thus recording a 2.2% year-on-year rise. As regards Greece, the country’s economy rose by 1.1%, in comparison with the previous quarter and by 3.6%, compared with the first quarter of 2007.   

Eurostat News Release: Euro area and EU 27 DGP up by 0.7%; Kathimerini daily: Q1 GDP is better than expected; Athens News Agency: GDP up 3.6% in Q1

Greek News Agenda Special Issue: The Greek Economy-Pointers