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Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
The Bank of Greece (BoG) published on Friday the governor’s annual report for 2019, which – understandably – is dominated by the impact of Covid-19 on the Greek economy, leading to the central bank revising its forecasts for the economy in 2020, when it expects no growth at all.
In a dedicated segment, the central bank outlines in detail how the virus will hit the Greek economy, meaning that its recent forecast of 2.4 pct growth has become obsolete so quickly.
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