{"id":180383,"date":"2025-12-12T15:32:15","date_gmt":"2025-12-12T15:32:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/180383\/"},"modified":"2025-12-12T15:32:15","modified_gmt":"2025-12-12T15:32:15","slug":"greece-outpaces-eurozone-but-still-trails-pre-crisis-output","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/180383\/","title":{"rendered":"Greece outpaces eurozone but still trails pre-crisis output"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/07\/shutterstock_cash_euros.jpg\" alt=\"Greece outpaces eurozone but still trails pre-crisis output\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/12\/shutterstock_cash_euros-960x600.jpg\"\/><\/p>\n<p>Greece\u2019s economy grew faster than the eurozone in the third quarter 2025, although its real gross domestic product remained 14.8% below its second-quarter-2007 peak, Eurobank said on Thursday.\u00a0<\/p>\n<p>The bank added that per capita GDP in purchasing power standards stands at just 70% of the European Union level, down from 93% in 2008.<\/p>\n<p>Eurobank said growth continues to rely heavily on private consumption, which limits savings and investment. It added that while the Recovery and Resilience Fund supports growth near 2% for the year, resources must be directed toward capital formation and technological renewal, along with quicker reforms to maintain momentum after the fund ends.<\/p>\n<p>According to national accounts data from the Hellenic Statistical Authority (ELSTAT), real GDP rose 0.6% quarter-on-quarter and 2.0% year-on-year in the third quarter of \u00a02025, up from 0.4% and 1.6% respectively in the second quarter of 2025.\u00a0<\/p>\n<p>Eurobank said steady growth is needed to recover losses from the debt crisis, when real GDP dropped 27% in 2013, and to strengthen the economy\u2019s resilience to future shocks.<\/p>\n","protected":false},"excerpt":{"rendered":"Greece\u2019s economy grew faster than the eurozone in the third quarter 2025, although its real gross domestic product&hellip;\n","protected":false},"author":2,"featured_media":180384,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-180383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/180383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=180383"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/180383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/180384"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=180383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=180383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=180383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}