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Greek economy grew 0.8% in Q2, averted recession in Q1: official

A man buys cherries in Monastiraki in downtown Athens on July 14, 2015Greece’s economy expanded by 0.8 percent in the second quarter of 2015 over the last three months, the national statistics agency said Thursday, adding that the country escaping recession in the first quarter. According to the new figures, the Greek economy posted zero growth in the first quarter of the year after having contracted 0.2 percent in the last quarter of 2014 — thus averting two periods of decline constituting recession.

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