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Greece's economy contracts ahead of yet another bailout

Thursday, February 16, 2017 - 05:50

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Greek farmers protesting against new taxation measures during an anti-austerity demonstration in central Athens on Tuesday. Greece's economy contracted by 0.4 per cent in the fourth quarter of last year, reducing annual growth to only 0.3 per cent.

London

 THE Greek economy continues to be in recession ahead of uncertainty surrounding another looming bailout deal in the coming week.

According to Eurostat, the statistical service of the European Union (EU), Greece's economy contracted by 0.4 per cent in the fourth quarter of

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