“The unprecedented conditions brought about by the Covid-19 have had a serious impact on economic activity, creating an unstable environment globally, affecting almost every sector of the economy. In this context of uncertainty, MYTILINEOS, underpinned by its structural strategic advantages, manages not only to effectively mitigate the shock and turbulence caused by this unexpected crisis but also to lay the foundations for further growth and better performance in the future,” Evangelos Mytilineos, chairman and CEO of MYTILINEOS said on Wednesday, commenting on the first-half results.
Economic activity, both in Greece and internationally, is expected to slow down significantly in 2020, due to the effects of the pandemic, with estimates bearing a high degree of uncertainty. On the other hand, significant fiscal support packages in the USA and the EU aim to offset the effects and support economic recovery, MYTILINEOS added in an announcement.
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