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
Finance Ministry grapples with escalating cost of pandemic
Pandemic drove 28.4 bln of bank loans into moratorium last year
Fitch keeps Greece at 'BB' rating as risks remain on horizon
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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