Greece's economy expanded by 0.8 per cent in the second quarter of 2015, the national statistics agency estimated today, with the country escaping recession in the first quarter as growth remained flat.
According to the new figures, the Greek economy posted zero growth in the first quarter of the year after having contracted 0.2 per cent in the last quarter of 2014 - thus averting two periods of decline constituting recession.
The figures showed second quarter growth up 1.4 per cent compared to the same period the previous year.
Previous estimates by the agency showed the economy shrinking by 0.4 per cent in the final period of 2014, and by 0.2 per cent in the first quarter of this year.
The news came as a rare ray of light for the debt-swamped eurozone country, as its parliament prepares to vote today on a new euro 85 billion ($94 billion) bailout deal with international creditors - its third rescue plan in half a decade.
Athens and its creditors are under pressure to approve the draft accord in time to meet an August 20 deadline.
