Economic damages of lockdown on Greek economy calculated at €2.4 billion per month

The monthly cost of the ongoing lockdown for the Greek economy is estimated at 2.4 billion euros, according to the country’s relevant finance ministry, with the 2021 budget already facing revision, naftemporiki.gr reports.

On top of the economic damage incurred from the imposition of various degrees of pandemic lockdown measures, support measures have already reached 5.9 billion euros during the first quarter of 2021 alone, an outlay not envisioned in the year’s budget.

With new and stricter measures expected to come into effect this week, the ministry has already announced that the state will fully cover the March leases of closed businesses and 40% of drastically affected retailers, while another round of benefits will be allocated to affected wage-earners.

At present, food & beverage outlets without take-away and delivery service have remained closed for almost four months.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Europa credito urgente

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