More measures for businesses unveiled

As the Greek economy struggles to get back on the road to recovery in tandem with the gradual lifting of the lockdown starting on Monday, the government has announced an array of measures, including a one-month extension of the 40 percent discount on commercial and residential properties rented by parties affected by the pandemic and loans to 90,000 businesses to the tune of 1 billion euros.
Regarding the rent reductions, they will also apply for companies that start operating again on Monday and gradually over the month, as they will also be considered affected parties.
Overall, the measure concerns more than 80 percent of rented properties in the country, whether they are residential or commercial (e.g. offices, shops, hotels, warehouses etc).
At the same time, it is considered almost certain that the rent reduction will be extended beyond May, at least for those...

Continue reading on: