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 […]
The European Union has entered the deepest economic recession in its history, due to the Covid-19 pandemic, with the unprecedented shrinking of economic activity posing a threat to the single market and the euro area. Τhe European Commission’s Spring 2020 Economic Forecast on Wednesday showed that the EU economy is expected to contract by a […]









