Investment helps Greek economy grow for fourth straight quarter

Greece's economy grew for a fourth straight quarter in October-December, driven by stronger investment spending, but the pace was slower than in the previous quarter, the statistics service ELSTAT said on Monday.
   
Seasonally adjusted data showed gross domestic product rose 0.1 percent in the fourth quarter of 2017, the expansion decelerating from an upwardly revised 0.4 percent in July-September.
  
The economy's gradual recovery from a recession that shrank GDP by 25 percent is boosting hopes that Greece will emerge successfully from years of bailouts in August, when its current aid program ends.   
   
In year-on-year terms, growth actually accelerated to 1.9 percent in the final quarter of last year from an upwardly revised 1.4 percent in the third quarter.
   
Based on a first estimate of seasonally unadjusted data, full-year GDP growth last...