Businesses working their way out of the crisis
Most business groups with strong liquidity are optimistic they will manage to weather the financial crisis created by the coronavirus epidemic. With the pandemic having been raging for over three weeks in Greece, paralyzing economic activity and sectors such as tourism that depend on incoming demand, listed groups are trying to map out the deep waters they find themselves in at a time when the economy had appeared to be recovering from its decade-long crisis.
The public statements by the heads of various listed companies offer a sign of the strategies some of the country's biggest groups are set to pursue.
For instance, in a recent message to his employees, the head of GEK Terna Georgios Peristeris noted that the company's infrastructure and energy investment program exceeds 3 billion euros, assuring that the implementation of the projects under way will continue.