Greece’s economy is set to contract by 10 pct in 2020 and to recover gradually in 2021, as ongoing virus outbreaks and restrictions weigh on services’ activity, exports, employment, and investment, ANA reports.
In 2022, the recovery is projected to accelerate, as the virus is better controlled with a vaccine having become more generally deployed, restrictions being eased globally and the government implementing new investment projects, the Organisation for Economic Cooperation and Development (OECD) said in its Economic Outlook report released on Tuesday.
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