Economic forecast map. Source: European Commission The European Commission revised its outlook for the Greek economy on Tuesday, saying prospects for 2020 in the aftermath of Covid-19 were milder than initially expected. Greece GDP is set to contract by 9 percent this year compared to 9.75 percent as initially projected in the Commission’s previous forecast […]
Greece’s economy this year is expected to be hit severely by the Covid-19 pandemic and the counter measures taken to limit its spread, according to the European Commission’s Spring 2020 Economic Forecast released on Wednesday. The forecast gives a discouraging picture for Greece in 2020, as it says the country’s GDP is expected to contract […]









