Greece draws strong interest, attractive yield by re-opening 10-year bond
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
OECD releases new outlook calling for sustained reforms post Covid-19
BoG highlights how Covid-19 compounds legacy issues and structural challenges
Greece issues new 10 yr bond as investor appetite returns
ECB boost for Greek debt as authorities ponder new market foray
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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