GDP re­vi­sion puts 2013 con­trac­tion at 3.9 pct

Kathimerini English - - C O M M E N Tary -

Greece’s statis­tics ser­vice (ELSTAT) said yes­ter­day that the coun­try’s econ­omy shrank by 3.9 per­cent last year, cor­rect­ing a pre­vi­ous re­vised es­ti­mate for 2013 gross do­mes­tic prod­uct is­sued in Oc­to­ber. Re­vised data re­leased by ELSTAT on Oc­to­ber 10 had shown a 3.3 per­cent GDP con­trac­tion last year. ELSTAT said the cor­rec­tion had arisen be­cause the de­fla­tor for gross fixed cap­i­tal had been “er­ro­neously cal­cu­lated” in the pre­vi­ous re­lease. In Octo-

Emi­rates’ ad­di­tion of a sec­ond daily flight this sum­mer helped the air­line post a yearly rise in pas­sen­ger traf­fic be­tween Athens and Dubai of nearly 50 per­cent in Au­gust and 46 per­cent in Septem­ber, as it car­ried 184,000 pas­sen­gers be­tween the Greek and United Arab Emi­rates cap­i­tals from Jan­uary to Septem­ber.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.