BoG insists on need for bad bank, sees EU funds boosting recovery from 2021

Economy Tags: Banking, BoG, Debt, GDP, NPLs
Photo by MacroPolis
Photo by MacroPolis

The Bank of Greece tabled its interim monetary policy report for 2020 on Monday, shedding light on how it expects the Greek economy and banking system to develop next year.

The new report includes the updated forecasts of Greeceā€™s central bank, which reflect the second wave of the pandemic and the second lockdown, which has been in place in Greece since the first week of November.

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