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TABLE-Greek recession eases in Q4 2013 for fifth straight quarter
February 14, 2014 / 10:06 AM / in 4 years

TABLE-Greek recession eases in Q4 2013 for fifth straight quarter

ATHENS, Feb 14 (Reuters) - Greece's economy shrank 2.6
percent year-on-year in the last quarter of 2013, at its slowest
pace since the country got its bailout in 2010, data by Eurostat
showed on Friday.   
    The preliminary reading, based on seasonally-unadjusted
data, was the smallest year-on-year decline since the second
quarter of 2010 and brought the economy's full-year 2013
contraction to about 3.7 percent.
    Greece does not provide seasonally adjusted
quarter-on-quarter GDP data, which most countries use to measure
their economic performance.
    Greece and its international lenders had projected the
economy would shrink 4.0 percent in 2013, in what they expect to
be the end of the country's six-year recession.
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    KEY FIGURES   Q4 2013 Q3 2013  Q2 2013  Q1 2013  
    GDP (y/y, pct)   -2.6   -3.0    -3.7     -5.5    
    ----------------------------------------------------------
    * revised
    source: Eurostat

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