Say what? Greek GDP revised up to 0.9 per cent

Emma Haslett
Follow Emma
The figure was already pretty optimistic - but was revised up (Source: Getty)

Well, here's a line we didn't expect to hear this year: growth in Greece has been revised up to 0.9 per cent in the second quarter. That's better growth than the UK achieved...

The figure was revised up from an initial reading of 0.8 per cent growth, which was itself seen as pretty optimistic - analysts had expected a 0.8 per cent fall.

It's worth pointing out, of course, that the second quarter was before capital controls were introduced, which limited Greeks to withdrawing €60 from banks a day.

But despite the surprising figures, Greece continues to be unstable. The country will go to the polls on 20 September after Prime Minister Alexis Tsipras called a snap election.

A poll published by the Efimerida Ton Syntakon newspaper today showed Tsipras' leftist Syriza party still had the lion's share of voter support, with 23 per cent, with the conservative New Democracy party following closely behind, with 19.5 per cent of the vote.

Related articles