Economic crisis experience key in battling Covid fallout, says EBRD official
The European Bank for Reconstruction and Development (EBRD) stands ready to participate in bond issues and other investment initiatives by local business groups in Greece, with its total investment, after the implementation of initiatives in response to the coronavirus crisis, expected to exceed 4 billion euros. This was highlighted by the alternate director of the bank's board of directors, Anthony Bartzokas, in an interview with Kathimerini.
According to Bartzokas, who is also an associate professor at the University of Athens and a senior visiting fellow at the London School of Economics, "Greek companies with high productivity, as well as the systemic banks, thanks to the experience and know-how they have gained from the previous crisis, are able to cope more easily and absorb the liquidity shock created by the coronavirus crisis."
The author of the book ...