Greece
COVID-19 will cut tourism to Greece this year
Greece is walking a tightrope between opening up to tourism and preventing the healthcare system from collapsing
GreeceCOVID-19 will worsen southern European ‘brain drain’
The economic shock of COVID-19 on southern Europe will drive many more skilled people abroad in search of opportunity
EuropeGreece’s virus recovery forecasts are over-optimistic
Substantial downside risks to the Greek economy include slower recovery in the euro-area and a COVID-19 second wave
GreeceCOVID-19 will likely strengthen Euroscepticism
A prolonged recession would add to the politics of Euroscepticism, which has gained momentum over the past decade
EuropeGreece has reserves to help economy fight virus impact
Having implemented a strict nationwide lockdown, the authorities are bracing for the impact on the domestic economy
GreeceCOVID-19 could generate wider EU divisions
The EU is strongly divided between those who want a coordinated economic response to COVID-19 and those who do not
EUAnti-virus measures will hurt Greek economic revival
The government response is tough and timely, but the health system may be unable to cope with a rapid coronavirus spread
GreeceRecovery will depend on Greek cooperation with lenders
International lenders have monitored Greece’s reform progress and are supporting its economy directly and indirectly
Greece
