Greek Finance Minister Christos Staikouras, in comments to news radio on Tuesday, said a universal lockdown in the country as a result of the Covid-19 pandemic translates into losses of three billion euros on a monthly basis, whereas the losses are currently calculated at 2.7 billion euros monthly.
Specifically, he said that for every 15 days of a closed retail sector in “red zone” areas, cash reserves are reduced by one to 1.5 billion euros.
Asked about the prospect of a pending reopening of the entire retail sector throughout the country, Staikouras merely said that a recommendation by a committee of epidemiologists and public health experts will determine the government’s proposal.
