Survey: Greek Enterprises Say More Support Measures Are Necessary

November 3, 2020

ATHENS — Eight out of 10 enterprises recorded a decline in revenue due to the pandemic crisis, while a 65 pct consider the support measures taken so far inadequate to meet the demands of the market, the Athens Chamber for Commerce and Industry (EBEA) said in a survey released on Tuesday.

The survey, conducted by Alco in the period October 19-26 on a sample of 400 enterprises-members of the Chamber covering all economic sectors (commerce, services and manufacturing), showed that a 70 pct of enterprises believed that the government has the ability to announce additional support measures.

Commenting on the survey, Constantinos Mihalos, president of EBEA and of the Central Union of Chambers, said it reflected the significant impact of the pandemic on the Chamber’s members and highlighted the need to take additional measures to support business activity.

This need is more imperative now because of the imposition of local lockdowns in Thessaloniki and Serres and the lockdown on restaurants and café shops in the biggest part of the country. He underlined that the government’s obligation is to consult with scientists on public health but must also taking in mind the views of productive classes, which have been strongly hit by the crisis.


ATHENS — Credit ratings company Fitch has revised Greece’s outlook to positive from stable, although it kept the country’s rating at BB, two notches below investment grade.

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