Quarterly Monetary Policy Report, 2020/III

Quarterly Monetary Policy Report, 2020/III
Author: Monetary Policy Departament
Printed on: 13.08.2020
Production date: 13.08.2020
Material category : Periodic Publications / Monetary Policy Report
The information analysed in this report suggests that the economic activity has severely slowed down in the first half of the year, as a result of measures taken to contain the spread of the pandemic. Easing of social distancing measures at the end of the second quarter, as well as the monetary and financial stability of the country, established the ground for a gradual rebound of economic activity in the upcoming period.