The International Monetary Fund’s (IMF) report on the World Economic Outlook, which was presented digitally for the first time in the context of its Spring Summit, records the economic impact of the coronavirus pandemic crisis in the eurozone member states.
The IMF’s chief economist Gita Gopinath, presented the report and explained that there is still great uncertainty about the development of the pandemic and the macroeconomic shocks it is going to cause.
Regarding Greece, the Fund predicts that our country will follow the trends of the world economy, as it estimates that in 2020 the recession will reach 10%. Nevertheless, it predicts that 2021 will be a year of recovery, with Greece growing by 5.1%.
In the report, the Fund notes that the rest of the eurozone countries will follow a similar path, as the average growth rate will be 4.7%.