The figure gives an impression of when the virus hit and how it quickly passed through the world’s financial and economic systems. 2. Economic recoveries can be slow and fragile  Recovery from a global economic recession that has been sparked by a financial crisis is particularly hard to predict.
John Iannis Mourmouras: developments in Greece  Recent monetary and financial  Speech by Professor John Iannis Mourmouras, Deputy Governor of the Bank of Greece, at the Governors’ Club, a forum comprising the Governors and Deputy Governors of the central banks of sixteen Southeast European and Asian countries, 30 October 2016.