The rate of GDP increase in the first quarter of 2006, compared to the corresponding quarter in 2005, amounted to four percent. The corresponding increase in the first quarter of 2005, as against the corresponding quarter in 2004, was 3.4 percent.

This data was provided by Finance and Economy Minister George Alogoskoufis during his address at the joint session of the Parliamentary Economic and Social Affairs Committees on the "Discussion on the social insurance system."

The four percent increase in GDP during the first quarter of 2006, compared to the corresponding quarter in 2005, will be announced on Thursday by the National Statistical Service of Greece.

Source: Athens News Agency

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