-
Yields rise, but Greek debt still partly shielded from market headwinds
-
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
-
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
-
Finance Ministry costs new support package, but questions remain over electricity subsidies
-
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
-
Hiring balance slows in June as job market returns to normal levels
EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.”
Euro area GDP is seen falling by 7.75 pct in 2020 and grow by 6.25 pct next year. The EU economy is expected contract by 7.5 pct and grow by 6 pct in 2021.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00