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Greek FinMin pledges extra 400 million euros in tourism industry aid

Greece will help its key tourist industry with an additional financial package worth more than 400 million euros ($486 million), the country's finance minister said on Monday. The country, which generates about a fifth of its economic output from tourism, officially opened the sector on Saturday, hoping to save the summer season after revenues collapsed last year due to restrictions to contain the coronavirus pandemic.
  • Published in Greece

Crucial two months for economy, tourism and government revenues

After the new successful exit to markets, government and financial staff formally enter the critical path of “confirmation of high expectations” both on the vaccination front and as concerns optimism for the course of the economy. The next two months are an important “bridge” to the post-pandemic era: businesses and government funds are entering a new phase with the main feature of breaths of liquidity – after the suffocation of lockdowns.

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