The Greek economy grew by 2.8% in the third quarter of the year compared with the same period in 2021 but fell by 0.5% on a quarterly basis compared with the second quarter, Hellenic Statistical Authority said on Wednesday, ANA reports.
More specifically, on a quarterly basis, the country’s Gross Domestic Product fell 0.5% in the third quarter after rising by 2.2% in the first quarter and by 0.6% in the second quarter. The statistics service attributed the third quarter reading to the negative effects of significant subsidies on energy products, which counterbalanced an increase in gross added value.
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Source: tornosnews.gr/en/