connect with us
Greece's latest tourism industry news by Greek Travel Pages (gtp)

IMF: Greek Economy to Shrink by 9.5%

The Greek economy is expected to shrink by 9.5 percent in 2020 due to the Covid-19 shock, which has interrupted the country’s economic recovery, the IMF said.

Covid-19: Greece to Extend Support to Businesses, Employees in May if Needed

Support for Greek businesses and employees who are out of a job due to the Covid-19 health crisis, will be provided in May if needed, according to Finance Minister Christos Staikouras.

IMF Forecasts 2020 Recession for Greece Due to Covid-19

The International Monetary Fund (IMF) is forecasting that the Greek economy will contract by 10% this year as a result of the Covid-19 outbreak that has devastated the world.