The Greek economy is projected to contract by 9.0 pct this year and to grow by 6.0 pct in 2021, the European Commission said in its Summer Economic Forecast report released on Tuesday, according to ANA.
The EU executive announced that Greece’s GDP declined by 1.6 pct in a quarterly basis in the first quarter of 2020 compared to the previous quarter, reflecting the beginning of the containment measures at the end of March.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: European Commission
