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Recovery will depend on Greek cooperation with lenders

Location:

GREECE

Greece’s relationship with its creditors.

Generous EU funds will help Greece through 2021-22

Location:

GREECE/EU

Greek Prime Minister Kyriakos Mitsotakis hailed the agreement as a national success. It enables the New Democracy government to maintain fiscal stimulus over the next two years…

Virus second wave will derail Greek budget forecasts

Location:

GREECE

The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…

Greek GDP growth in 2022 will rely on EU recovery aid

Location:

GREECE

The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…

Southern Europe faces long recovery after COVID-19

Location:

EU

The pre-pandemic state of many southern economies, embodied by high levels of debt and low growth potential, will make it more difficult for these countries to offset the…

Prospects for the Euro-area in 2021

Location:

PROSPECTS 2021

Its recovery will significantly depend on how quickly the latest measures to combat the spread of COVID-19 can be withdrawn, the speed at which a vaccine can be deployed at scale…