The Hellenic Statistical Authority (ELSTAT) said that the Greek economy grew by 1.7% in the third quarter of the year compared with the same period last year. ELSTAT’s report said that, based on non-seasonal data, the country’s Gross Domestic Product grew by an average 0.6% in the nine-month period from January to September and said that the GDP grew 0.7% in the third quarter compared with the second quarter of 2014.
Eurostat also released figures on Friday showing that the Greek economy grew by 1.4% in the third quarter of 2014 compared to the corresponding period of the previous year and 0.7% compared to the second quarter. Its first estimates over GDP development said that the Eurozone’s Gross Domestic Product grew by 0.8% in the July-September period in the EU.