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Rebound in Greek economy elusive despite Q2 growth

Tuesday, August 30, 2016 - 05:50

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Graffiti in Athens, one year after a referendum in which 62 per cent of Greece's population voted "No" to further austerity measures. Weak demand and scant investment are weighing on growth.

Athens

GREECE'S economy grew modestly in the second quarter but weak demand and scant investment mean a strong rebound after years of recession remains elusive a year after the country nearly crashed out of the euro.

Data released on Monday showed that the 176 billion euro (S$267.6

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