GREK - Greece's Recovery Stalls But Rebound May Follow
Greece exited its largest-ever bailout program just over 18 months ago, sparking a market rally that led the country to finish 2019 as one of the best-performing emerging markets. Yet, COVID-19 and the ensuing collapse in trade, tourism, and oil prices introduced new obstacles in the way of Greece's long recovery, shaking the economic foundation it carefully rebuilt over years of painful austerity measures. While the pandemic may be far from over, Greece appears better-equipped to combat COVID-19 than other Emerging Markets, given Europe's strong public health systems, ECB monetary stimulus, and support for the