Related
Still no deal with Greece’s creditors 24/01/2012 04:43 CET
Europe’s financial crisis: a Greek tragedy 26/12/2011 17:29 CET
New Greek PM gets first taste of public wrath 01/12/2011 11:39 CET
Euro zone finance chiefs struggle to boost bail-out 29/11/2011 20:57 CET
Sarkozy: Europe shocked by Greek referendum 01/11/2011 20:05 CET
The focus may have shifted to Spain and Europe’s other debt laden economies but latest data shows the Greek economy continues to shrink.
GDP fell 0.8 percent in the first quarter of 2010. It remains firmly in recession and economists say it’s likely to get worse.
But, that has failed to deter protests against tough government austerity measures. There have been more rallies in Athens with Trade Unions also promising another 24 hour nationwide strike later this month.
Despite the Greek crisis some other European countries remain keen on joining the 16-nation single currency.
Estonia has just been given a clean bill of health to start using the euro next year.
Copyright © 2012 euronews
Top Stories
Greek debt deal sparks protests and a strike
Their political leaders may be breathing a sigh of relief. However, Greeks protesting outside parliament are far from happy that…
Deadly shelling continues in Homs
In Syria, the heavy bombardment of opposition-held neighbourhoods in Homs is reportedly…
Spain's 'human rights' judge Garzón convicted
Spain’s best-known judge, who achieved international fame for his human rights…
latest economy news
ECB noncommittal on helping Greece- Costlier food boosts Chinese inflation
- Complex path to Greek bailout agreement
- Europe slips deeper into debt, but eurozone improves
- Gas grumbles heat up in bitter cold
- Greece: reform struggles or death throes?
- After Arab uprisings, bleak economic future looms
- Solid US job growth for start of 2011
- China to the rescue for EU? – maybe
- Jobs pain in Spain worsens
euronews on facebook
