Covid recession bumped pension spending to 18 pct of GDP in 2020
Greece draws another 3 bln from bond markets as debt strategy continues at pace
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
Greek 30-year bond attracts strong demand at attractive yield
Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
In its winter economic forecasts the European Commission (EC) underscores that political uncertainty is affecting confidence and may dent the speed of recovery in Greece.
In addition, export growth is seen outpacing that of imports in both years. The former is forecasted at 5.6 percent in 2015 and 4.8 percent in 2016 and the latter at 4 and 3.5 percent respectively.
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