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
BoG highlights how Covid-19 compounds legacy issues and structural challenges
The Bank of Greece (BoG) published its Monetary Policy Report for 2020 on Monday, outlining the numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking system.
The pandemic and the lockdown measures that had to be imposed to protect public health caused an abrupt stop as far as domestic economic activity is concerned, while the economy also had to endure external economic pressure via trade and tourism.
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