Eirini Chrysolora

Eirini Chrysolora

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BUSINESS

Growth rate falls short in Q3

Tourism was the only main force powering the third quarter's moderate growth, as the figures for investments and consumption were disappointing.

The Greek economy’s growth rate failed to meet expectations in what is traditionally the country’s best quarter, as gross domestic product rose by just 1.3 percent on an annual basis in the July-September period according to provisional figures the Hellenic Statistical Authority (ELSTAT) released on Monday.