{"id":312259,"date":"2025-12-12T15:26:17","date_gmt":"2025-12-12T15:26:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/312259\/"},"modified":"2025-12-12T15:26:17","modified_gmt":"2025-12-12T15:26:17","slug":"greece-outpaces-eurozone-but-still-trails-pre-crisis-output","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/312259\/","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\/uk\/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":312260,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-312259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/312259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=312259"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/312259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/312260"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=312259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=312259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=312259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}