Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
DBRS leaves Greece a notch from investment grade, outlook stable
Survey highlights households struggling with cost of living, delivers worst outlook since 2019
Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
Greece braces for recession, hopes to bounce back from summer onwards
The extent of the damage that could be inflicted on the Greek economy as a result of the coronavirus impact is becoming clearer by the day, with the Finance Ministry and leading investment houses now expecting Greece to slip into a recession again this year. The only question is how deep the contraction will be.
Speaking on television on Thursday morning, Finance Minister Christos Staikouras admitted that Greece is on course for an economic contraction of 1 to 3 pct this year due to the virus. He indicated that these figures would worsen if Covid-19 continues t...
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