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John Koudounis on Interest Rates, Inflation, Recession Fears, Crypto and AI
"Most likely we will avoid a recession" notes John Koudounis in an exclusive interview to Greek Reporter. The president and chief executive officer of...
Fitch Downgrades US Credit Rating, Warns of Mild Recession
Credit agency Fitch has downgraded the US government's credit rating following what it called a "steady deterioration" in governance over the last twenty years.
Fitch,...
US in ‘Technical Recession’ as GDP Contracts for a Second Quarter
The US economy has shrunk for the second quarter in a row, triggering one definition of a “technical recession,” according to data released by...
Could China’s Evergrande Collapse Lead To New Global Recession?
China's Evergrande Group's debt crisis has led market analysts to whisper about a new "Lehman Brothers moment" in the world economy. The Chinese real...
Greece Forecasts 10.5% Recession this Year, 4.8% Growth in 2021
The Greek economy is expected to contract by 10.5 percent this year and to grow by 4.8 percent in 2021, according to provisions included...
Worst-Case Scenario for Greece is Eight Percent Recession, Says BoG Chief
Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that...
IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone
The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions...
Greece into Deep Recession after Pandemic, Credit Rating Houses say
International credit rating houses predict that Greece will go into deep recession in 2020, with the covid-19 pandemic causing a blow in the economy...
Greece Expects 4% Recession, as European Economy Enters Uncharted Territory
Christos Staikouras, the Greek Finance Minister, expressed on Sunday his belief that the Greek economy will shrink by four percent in 2020 due to...
Majority of Greeks Believe Nation is Still in Recession
According to a survey conducted by Nielsen in the third quarter of 2018, 72 percent of Greeks still believe that the country's economy is...