Mon, 13 Aug 2012 11:14:26 GMT
Greece economy continues contraction
Greece's economy shrank for the ninth consecutive time in the second quarter and tumbled deep in the recession, Hellenic Statistical Authority said on Monday. GDP dropped 6.2% on year, compared to a 6.5% fall in preceding quarter and economists' estimate of 7%. GDP, calculated in current prices, declined at increased pace of 6.6% year-on-year in the second quarter after