GREEK ECONOMY

ENGLISH EDITION

Economic lockdown and the one way path to state aid

The economic collapse that has been taking place in recent weeks has been unprecedented: thousands of overnight cancellations in AirBnB apartments, occupancy rates at Athens hotels at less than 20 percent, unprecedented cancellations in summer destinations, empty shopping malls, brakes drawn on trucks transporting industrial products and raw materials, large companies with a strategic role in the economy, such as Ae
ENGLISH EDITION

Greek gov't ready to take specific measures to deal with impact of coronavrius, FinMin says

"We aredealing with the problem with responsibility, we are examining the consequences of the problem, we are reviewing all alternative solutions and we have specific measures for each scenario in an emergency," the Greek FinMin said, adding that Greece was coordinating its contacts with representatives of the economy currently affected, or likely to be affected, by the spreading of the coronavirus, in order to take the necessary actions.