Athens, Greece. Photo Source: Visit Greece /Y Skoulas The Greek economy is expected to shrink by 9.5 percent in 2020, before gradually recovering over the medium term due to the Covid-19 shock which has interrupted the country’s economic recovery, said the International Monetary Fund (IMF) in its findings on Friday. Greece’s creditors did however commend […]
Athens, Greece. Photo Source: Visit Greece / Y. Skoulas Greek Finance Minister Christos Staikouras said this week that support for businesses and employees who are out of a job, due to the coronavirus (Covid-19) health crisis, will be provided in May if needed. The minister underlined that the government’s fiscal plan already includes the emergency […]
Photo source: IMF The International Monetary Fund (IMF) is forecasting that the Greek economy will contract by 10 percent this year as a result of the coronavirus (Covid-19) outbreak that has devastated the world. According to the IMF’s World Economic Outlook report released on Tuesday, Greece is seen as falling into recession this year with […]











