Uncategorized

ready?

Greek Prime Minister Kyriakos Mitsotakis announced yesterday (Tuesday 28 April) on national TV that restrictions on citizens’ movements would be lifted and more shops allowed to reopen from May 4 in a gradual easing of a lockdown imposed to curb the spread of the new coronavirus.

Greece has so far registered 2,566 coronavirus cases including 138 deaths, much fewer than many other European nations, thanks partly to the swift imposition of its lockdown on March 23.

Nevertheless, the lockdown has paralysed an economy that only emerged in the summer of 2018 from a decade-long debt crisis, dashing expectations for strong growth this year. The government now expects a deep recession of up to 10% of national output. Read on.