The negative repercussions of the pandemic remain manageable in the short-term but the second wave of the pandemic intensifies the uncertainty and medium-term risks for the economy, the Parliament’s Budget Office said in a report released on Tuesday, according to ANA.
In the medium-term, positive economic prospects are based on encouraging news over the development of a vaccine and on available funds from the New Generation EU recovery fund, which are expected to be distributed to new investments and to a significant rise in the country’s real GDP in the period 2021-2016, the report said.
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: George Voudouris
