Τhe 16th Newsletter is out and in this latest issue you can read:
- Latest Commission estimates show a deeper drop of output in the second quarter of 2020 than earlier anticipated. The recovery is now also expected to be less swift than was projected in spring. Regarding Greece, real GDP is expected to decline by 9% in 2020 and to increase by 6% in 2021.
- Οne in three EU households is unable to meet an unexpected shock during regular times, let alone during a pandemic.
- In April, for Greece, an estimated 4.7% reported to have lost their jobs permanently during the pandemic and 41.5% suffered temporary job losses.
- In the US stock prices rise, instead of falling, when Covid-19 cases spread!
You can find the English version of the 16th Newsletter here
Every Friday, the week’s newsletter will be posted on www.eliamep.gr and sent to those subscribed to ELIAMEP’s mailing list.