Well, the growth didn't last long. Greece slipped back into recession in the first quarter of this year, according to official figures from the country's statistics agency.
The economy shrank 0.2 per cent in the first three months of the year, following a 0.4 contraction in the final quarter of 2014. Two consecutive quarters of contraction mean a recession.
Greece only emerged from a six-year recession at the start of 2014 and managed three quarters of growth, before slipping back.
As RBS pointed out this morning, the Greek economy was already doing worse than the US during the great depression. Log on to the Business Now live blog to see the sobering comparison.
There was better news for Italy, with growth of 0.3 per cent in the first quarter, adding to hopes of some recovery after three years of recession.
Separate data from Athens showed that total deposits from households, companies and non-government entities into Greek banks hit a 10-year low, slipping to €139.4 billion in April, a €5.6 billion drop on the previous month.
The news came as finance ministers and central bankers from the G7 wrapped up three days of debate about how to get the global recovery moving faster and no doubt countless discussions about Greece.
Yanis Varoufakis, the Greek finance minister, claimed earlier today that Greece has agreed “most issues” with its creditors on the final day in Dresden.
"There will be one and good agreement ... this negotiation has been dragged enough ... it will include the pension system, labour market and the public debt," he said in a radio interview.
Finally, this week's Business podcast features Andrew Clark, Deputy Business Editor, Patrick Hosking, Financial Editor, and Alistair Osborne, Chief Business Commentator, discussing next week's Bank of England interest rate decision, Greece and a slight tangent about their own shopping habits. Click here to listen or download it from Soundcloud and iTunes.
Don't forget you can also follow me on Twitter for regular updates throughout the day - @becclancy.
Have a great weekend.
Rebecca Clancy
Breaking News Editor, Business
The Times
rebecca.clancy@thetimes.co.uk
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