Greek economy reaches record contraction of 15.2% during Q2 of 2020

Greek economy sees a record contraction of 15.2% in the second quarter of 2020, compared to the Ministry of Finance forecast for a 15.7% contraction, int.ert.gr reports.

Based on the Hellenic Statistical Authority (ELSTAT), compared to the 2nd quarter of 2019, the total consumer expenditure decreased by 10.1%, the gross fixed capital investments decreased by 10.3%, the exports of goods and services decreased by 32.1% and Imports of goods and services fell by 17.2%.

 RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis

 

 

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