Athens, Greece. Photo Source: Visit Greece / Y. Skoulas The European Commission revised down its initial growth forecast for Greece to 9 percent in 2020 due to the impact of the coronavirus (Covid-19) pandemic on the country’s major economic drivers: tourism and exports. The Commission now estimates that the Greek economy will see a partial […]
The European Commission downgraded its 2021 growth forecast this week as one by one member states entered second lockdowns due to an aggressive resurgence of Covid-19. The Commission now estimates that the EU economy will grow 4.1 percent next year, down from the intial 6.1 percent rebound forecast in May. The previous forecast recovery has […]









