The Greek economy remained in recession last year, but contracted by a much smaller margin than originally feared in the wake of capital controls that were introduced last July. Bank of Greece Governor Yannis Stournaras said Greece’s Gross Domestic Product contracted by an estimated 0.2 per cent in 2015, though the central bank chief said that he sees scope for an economic rebound in the second half of this year if there is a swift conclusion of the country’s first bailout review and reforms that have been agreed to are implemented. Business File reports.
Read more: Economic recovery hinges on swift bailout review and implementation of reforms
