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EU Says Greek Economy to Contract Nine Percent in 2020, Rebound in 2021
A new European Commission report released on Thursday stated that it expects the Greek economy to contract by 9.0 percent this year, but rebound,...
Greek Economy Contracts a Record 15.2% in Second Quarter of 2020
The Greek Statistical Authority (ELSTAT) announced on Thursday that the Greek economy contracted by 15.2% in the second quarter of 2020, a record which...
IMF: Coronavirus Lands Record Blow to Greek Tourism, Economy
The dramatic reduction in tourist revenues in Greece caused by the coronavirus pandemic will have a deeply negative impact on current account balances, amounting...
Greek Economy to Receive Enormous Boost From EU Recovery Plan
The Greek economy will receive a major boost over the coming years from the historic European Union decision to create a recovery fund, titled...
Greek Economy to Contract by 9 Percent in 2020, EU Report Says
The Greek economy is projected to contract by 9.0 percent this year; however, growth projections for 2021 foresee growth of 6.0 percent, the European...
Capital Link Forum On Re-Starting Greek Economy Post-Covid-19
Prominent policymakers, entrepreneurs and academics from both sides of the Atlantic will participate in the 10th Annual Capital Link CSR Forum, titled "Economy and...
Greek PM Outlines 24 Billion Euro Plan to Kick-Start Tourism, Economy
Greek Prime Minister Kyriakos Mitsotakis outlined a plan on Wednesday to kick-start the Greek economy with a 24 billion euro program ($26.3 billion) to...
Greek Economy to Contract by Almost 10 Percent, EU Says
The Greek economy is set to contract by 9.7 percent in 2020 because of the Covid-19 pandemic, the European Commission forecast on Wednesday.
Greece, along...
Greeks Resort to Cutting Hair at Home as Black Economy Thrives Amid Lockdown
“I don't believe it,” says hairstylist Giannis Dionysopoulos of the the poll which showed that visiting the barbers or the hairdressers is a top...
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...