Athens welcomes volume, form of Commission's pandemic recovery plan
EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Greece braces for deeper Covid-19 impact on economy, budget and public debt
The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt.
Earlier estimates by the authorities that the situation could be contained within the second quarter of the year with a manageable level of economic contraction in the region of 4 pct seem to have been quickly abandoned. It is becoming increasingly appa...
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