IMF Sees 3.8% GDP Growth in Greece for 2021

By admin 7 Απριλίου 2021 No comment

The International Monetary Fund (IMF) is forecasting that the Greek economy will grow by 3.8 percent in 2021 despite the ongoing coronavirus (Covid-19) pandemic. The latest edition of the IMF’s World Economic Outlook report foresees that GDP growth will reach 6.9 percent in Greece in the last quarter of 2021. Furthermore, for 2022, the IMF […]

IMF: Greek Economy to Shrink by 9.5%

By admin 5 Οκτωβρίου 2020 No comment

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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 […]

Covid-19: Greece to Extend Support to Businesses, Employees in May if Needed

By admin 16 Απριλίου 2020 No comment

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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 […]

IMF Forecasts 2020 Recession for Greece Due to Covid-19

By admin 14 Απριλίου 2020 No comment

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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 […]

IMF: 2020 Outlook for Global Growth Negative but Recovery in 2021

By admin 26 Μαρτίου 2020 No comment

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Photo Source: IMF The coronavirus epidemic may push the global economy into recession, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who added that the faster the virus stops, the quicker and stronger the recovery will be. Georgieva made the statement on Tuesday after a G20 emergency conference call with finance ministers and […]