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Tag Archives: projection

EU Commission projects recession in Greece at 9% in 2020

The Greek economy is projected to contract by 9% this year and to grow by 6% in 2021, the European Commission said in its Summer Economic Forecast report released on Tuesday. The EU executive said that Greece’s GDP declined by 1.6 pct in a quarterly basis in the first quarter …

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Coronavirus Greece: Confirmed cases soar to 695, projection 8K-10K infected

With 71 new confirmed cases in the last 24 hours, the number of corovavirus infections soared to 695, Greece’s health authorities announced on Monday afternoon. Confirmed cases are located in 28 regional units with the majority of them, that is 292 cases being in Athens, with another 25 in East …

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IMF Thomsen: Greece will need at least 20 years to return to pre-crisis levels

Greeece will need at least twenty years to have its GDP return to pre-crisis levels. This message full of … spring optimism was transmitted by Poul Thomsen, in charge of the European program of the International Monetary Fund. Speaking at a conference in the University of Oxford, Poul Thomsen said …

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