May 13, 2015
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Athens (askanews) – On Greece falls back the specter of recession. The economy of Athens recorded a reduction of 0.2% in the first three months of the year according to provisional estimates dell’Elstat, the Hellenic Institute of Statistics, numbers that push the country back into the abyss of a recessione.Già greek end of 2014, GDP had in fact suffered a -0.4%, belying the increase of 0.7% in the third quarter. And so the second consecutive quarter of contraction, following the slight growth maintained for much of 2014, Greece is falling into what economists call a “technical recession” .The data put pressure on the government led by Prime Minister Alexis Tsipras that in recent days he has taken steps to repay the IMF an installment of 750 million euro. And looking for a difficult negotiation with the euro area to try to get new aiuti.Il Athens government is increasingly cornered and the Commissioner for Economic Affairs of the Euro Group, Pierre Moscovici, has recently pointed out that the two sectors in which have yet to be made further progress in the negotiations are those of pensions and the labor market as recognized advances in of the independent tax and treatment of suffering bancarie.I Greek data, moreover, they are bucking the trend those in the euro, which recorded a slight acceleration of growth with a + 0.4% clocked by the GDP in the first quarter 2015. (Images AFP)
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