Greek GDP will plunge despite latest stimulus package

Defence spending rises alongside further fiscal measures to help businesses and households through the pandemic

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In this article

  • Contraction is EU's fifth-highest
  • Exports and household consumption shrink
  • Recovery post-lockdown is slow
  • Unemployment is artificially low
  • New package
  • Rise in defence spending
  • Turkish threat
  • Deferred costs

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.