IMF predicts shocking 10% recession for Greece in 2020 due Covid-19 crisis
The IMF estimates that the effects of the coronavirus crisis on the Greek economy will be devastating due to the hard impact on tourism.
- Written by E.Tsiliopoulos
The IMF estimates that the effects of the coronavirus crisis on the Greek economy will be devastating due to the hard impact on tourism.
Global Stock Markets are in panic mode, as shares continue to plunge amid the coronavirus outbreak, the oil prices drop and US President Trump’s decision to close borders with Schengen countries, while the European Central Bank announcements did nothing to reassure investors.
The Athens stock exchange was recovering on Tuesday after the previous day's heavy losses, prompted by fears regarding the spread of coronavirus.