Greece may have bought itself a bit more time with a third bailout, but its economic troubles are set to continuethis year, and possibly even get worse.

We asked 20 economists where they thought Greece washeaded. Their answers below make for a depressing read.

1. The great shrinking economy.Gross domestic product will contract 0.7 percent in 2015, comparedwith a 0.8 percent expansion in 2014, according to the medianforecast of economists polled by Bloomberg. That would be theseventh annual decline in eight years. Bear in mind that the$200 billion economy has shed a quarter of its size since enteringa recession in 2008.

2. More people out of jobs.Unemployment will average 26.3 percent this year, up from anestimate of 25.9 percent in the last survey Bloomberg conducted inApril. This spells more pain for youngsters—more than half of whomare out of work—faced with the option of moving back in with theirparents or looking for gainful employment elsewhere. Many ofthe country's best minds have already fled.

3. A balancesheet in tatters. “No pain no gain” hasbeen Germany's mantra for Greece. It's unclear whether thishas worked out in practice. The economists wesurveyed see the budget deficit reaching the European Union'sceiling, of 3 percent of GDP, up from an earlier estimate of 1.9percent of GDP. A predicted trade surplus of 0.6 percent ofGDP will instead turn into a deficit of 0.7 percent of GDP.

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