Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
IMF urges caution on public finances
DBRS moves Greece a notch closer to investment grade as Moody's holds off
Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
The Greek Finance Ministry published on Sunday night the Stability Programme for 2020 that it submitted to the European Commission, providing the first official assessment of the economic impact the government expects to see from Covid 19 this year, as well as the notable recovery expected next year.
Under normal circumstances, the plan would cover the 2020-2023 period, but this year due to the pandemic impact will cover 2020 and 2021 per the European Commission’s guidance.
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