Greece's GDP drops less than forecast in Q4

The Greek economy performance declined less than preliminary estimated in the last three month of 2012 as a decrease of external trade deficit positively contributed to the GDP, data released by the Hellenic Statistical Authority showed on Monday. Year-on-year, the economy's output fell 5.7% in the Q4 compared to a 6% drop originally forecast, following a 6.7% contraction in the Q3.