Greece expands for first time in six years • 11:42 AM
Stephen Alpher, SA News Editor
GDP grew at a 1.7% annualized pace in Q3, and Q2's 0.4% contraction was revised to 0.4% growth, thanks to a new methodology which revises lower the YTD contraction to 0.4% from 1.1%.
The government and the troika expect 2014's full-year growth to be 0.6%, and picking up to 2.9% in 2015.GREK +2%, NBG +1.9%
If this happens, the pps will be much higher in a year. Hopefully my $ cost averaging will bear fruit.