Economy of the European Union

The European Commission is Adopting Additional Measures to Support the Food Industry

The European Commission has today adopted two measures to support the food industry. The measures will increase farmers' cash flow and reduce the administrative burden for national, regional authorities and farmers in these particularly difficult times.

In ‘crucial week’ Mitsotakis braces Greeks for coming economic crisis, outlines measures

The coronavirus epidemic is subsiding, but the war is not won yet, Prime Minister Kyriakos Mitsotakis said in a televised message this evening, thanking the Greek people for their trust and discipline and calling on them to continue to respect restrictive measures.

State to bridge gap left by private sector

From mid-March up until the end of May at the earliest, the state looks set to be the main - if not the only - income provider for about 3 million households in Greece, or 70 percent of all families.

The reduction of the private sector's contribution toward the country's total income is unprecedented and the gap will have to be bridged (although not covered) by the state budget.

The battles of the day after

The coronavirus will at some point go away. The big question is what the pandemic will leave in its wake, here in Greece and the rest of the world. It is too early to make predictions but it's almost certain that only a few things will stay the same.