Greece pledges extra help for companies as retailers reopen By Reuters

© Reuters. FILE PHOTO: Coronavirus illness (COVID-19) pandemic in Athens ATHENS (Reuters) – Greece will present extra monetary assist to companies hit by coronavirus restrictions in April, the finance minister stated on Monday, as retailers reopened regardless of surging case numbers which have put well being providers below extreme pressure. Final week the federal government



© Reuters. FILE PHOTO: Coronavirus illness (COVID-19) pandemic in Athens

ATHENS (Reuters) – Greece will present extra monetary assist to companies hit by coronavirus restrictions in April, the finance minister stated on Monday, as retailers reopened regardless of surging case numbers which have put well being providers below extreme pressure.

Final week the federal government introduced the easing of some restrictions to alleviate widespread lockdown fatigue, permitting small retail retailers promoting non-essential items to reopen, below so-called click-away and click-in-shopping modes.

Below the principles, customers might want to make appointments and adjust to a three-hour restrict for purchasing and retailers can’t permit a couple of buyer per 25 sq. metres.

The measure excludes purchasing malls and department shops within the Athens space which is able to stay closed and in three areas with extreme an infection ranges, together with the foremost northern metropolis of Thessaloniki, retailers will stay closed.

Greece dealt with the primary wave of the pandemic final yr higher than many different nations in Europe however its well being providers, weakened by a decade of monetary disaster, have come below heavy stress as case numbers have surged this yr.

Lockdown measures imposed in November have prompted rising discontent and left many companies struggling to outlive however Finance Minister Christos Staikouras stated Greece’s potential to borrow on monetary markets would allow the federal government to assist.

The 130 million euro ($150 million) package deal would assist round 100,000 companies, together with some 10,800 retailers, with monetary help starting from 1,000-4,000 euros, relying on the variety of employees employed, Staikouras stated.

“We’re making use of funds raised from markets within the final months to help companies and households,” he stated.

On Sunday Greece reported 1,955 new COVID-19 infections and 78 associated deaths, bringing whole infections to 275,414 and COVID-related deaths to eight,380.

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