The recent outbreak of the Omicron variant is creating new problems for the budget and the real economy, bringing to the fore scenarios for new measures to support employees and companies affected by the new wave of the pandemic.
The financial staff is following the developments on the health front and is waiting to hear the new restrictive measures. Moreover, in 15-20 days, when we are going to have a better picture of the situation, the financial staff is going to decide if new support measures should be taken and to what extent.
In any case, jobs are their first concern. Employees in companies (e.g. nightclubs) affected by the new restrictive measures (e.g. work suspension measure) are the first concern of the state, while the Cooperation program has been extended until March 2022, which enables the compression of wage and non-wage costs in companies, with a significant reduction in turnover through the state coverage of part of the insurance contributions and salaries of employees.
Although the market demands, mainly from restaurants and bars, vary from the possibility of the companies to put employees in suspension and the rent reductions to the payment of the repayable advances and the change of the deadline of the pandemic debt repayment, the competent sources of the Ministry of Finance are wary, noting that “it is still too early to talk about any new measures”.
There is a strong possibility that things could change, something that is stressed also by the fact that the restrictions, that will be announced today concerning the restaurants and the bars, may become stricter, as hinted yesterday by the government spokesman, Mr. Giannis Oikonomou, and to be implemented earlier than January 3rd.
Generalized restrictive measures are excluded
However, the possibility of generalized restrictive measures in economic activity has been ruled out and the emerging action plan to contain the Covid-19 expansion does not mean horizontal direct
The Greek Minister of Investment and Development, Mr. Adonis Georgiadis, with his statements tried to lower the bar of expectations for support measures in restaurants and bars – which are going to close at midnight – while he also recognized that nightclubs will be affected by the new measures and left more than open the possibility for additional measures depending on the developments.
Moreover, the Deputy Minister of Interior, Mr. Stelios Petsas, left also the open the possibility of taking additional measures, while he also talked about stadiums.
“It is clear that the nightclubs are going to be affected by the new measures. As for the stadiums, I understand that their capaicity is limited, especially where there are big stadiums for the big teams that have already sold thousands of season tickets, but the measures will be in force for the next 15 days and they will be re-evaluated” he added.
Greek-Saudi Business Forum & 5th Joint Ministerial Committee meeting to be held in Athens on May 30-31
The forum will present potential collaborations in the sectors of shipping, tourism, energy, construction, innovation and agri-food
Covid-19 pandemic in Greece: 3,190 new infections on Sat.; 9 related deaths
A total of 134 patients remained intubated in hospital ICUs
Monkeypox: “It is not like Covid-19”, said Prof. Magiorkinis
The cases "will increase, but not at a worrying level", estimated the Professor
Greece and France sign revised film co-production agreement
This agreement is a revised version of the 1973 agreement between the two countries
Greek tourism: Problems for the tourism season – Lacks of transport staff
Delays and even cancellations of flights create problems to the large number of Northern Europeans coming for holidays to Southern Europe
EasyJet: It will cancel more than 200 flights in the next days
EasyJet faces also some problems with its IT systems
Tourism: Athens became again a top tourist destination
A sharp rise in tourism from America is also noted
Annual Athens bike ride: Traffic restrictions on Sunday
Regulations blocking car traffic will be introduced as early as 07:00 on Sunday and last until 13:00
Former EU Commission leader: Greece has nothing to fear in terms of security
What the former Italian prime minister and former European Commission president, Romano Prodi, stated
Supermarkets: The Mart announces a deal with Eurobank
The wholesale chain proceeded with the acquisition of 9 stores of its network leased from Eurobank