Greek exports post worst performance in three years

Greek exporters saw their worst performance in three years this June, according to data published yesterday by the Panhellenic Exporters Association, which showed that total exports declined by 2.09 billion euros, or 8.7 percent, compared to the same month last year.

Excluding petroleum products, the decline is even larger at 11.4 percent this June compared to last.

The biggest drop in exports was to non-European Union countries for the month at 15.8 percent, though the overall figures for the first six months of the year moved in positive territory and saw a rise in exports of 4.3 percent.

Exports to the European Union dipped by 6.5 percent in June this year compared to 2012, though first-half figures show a rise of just 1 percent.