ENGLISH EDITION

The Prime Minister also published a greeting card with the message: "We will remember this Easter as the Easter of love. But also of responsibility. #MenoumeSpiti Happy Easter to you and your families."

This time Greece will not be the only "black sheep" of the EU, as almost all countries have opened funding lines to stem the tidal wave from the virus by breaking fiscal rules and stretching the flexibility of "escape clauses".

The company estimates that the properties facing the risk of a drop in revenues are its retail stores and hotels, which account for some 15% of total income. On the positive side, the country appears able to return to more normal conditions by the end of May, which means that the negative impact will not be longer than two months, company officials added.

As economists struggle to estimate the magnitude of the fallout from the coronavirus, two-thirds of real estate investors see it as having a moderate impact on the market, according to a sentiment index put together by Savills. In this survey, held in 24 countries, 29 percent of respondents said they see the crisis as having a severe negative impact on real estate.

Some of the clarifications include provisions for property rentals by businesses and tax suspension for owners, and directions on the codes entered when businesses apply for aid.

As the Health Ministry’s coronavirus spokesman, Tsiodras also said that returning to normality will take some time. Responding to a question on when would people be able to travel abroad again, he added that necessary preventive measures may still restrict travelling, even when the full ban is lifted.

Earnings for last year show that TENERG has a portfolio of projects in operation, under construction, and in the licensing phase, with a capacity of 1,938 MW. In other words, it is only 62 megawatts from the critical number. It is only a matter of time, maybe one or two years, taking into account turmoil in the global economy, before it reaches, or beats, this target.

"There is no doubt that the pandemic crisis has different characteristics than in 2008. It has more in common with the 2001 crisis after the terrorist attacks in New York," said Fokion Karavias, CEO of Eurobank. "We have never seen such a general lockdown in world wars," he said, stressing that the big bet now is to prevent the crisis from becoming a new debt crisis.

According to a report from BNP Paribas Real Estate on the impact the pandemic is having on global real estate, it is estimated that for at least the next six months, ie for the second and third quarters, investment activity will enter hibernation mode.

In the center of Athens, there was an annual drop of 4.7 percent, while in the fourth quarter of 2019, rents gave up 6.2 percent. Now, the average monthly rent is 9.44 euros/sq.m. versus 9.9 euros/sq.m. in the first quarter of last year. Respectively, in the southern suburbs, rents eased 1.1 percent, extending a 0.9 percent drop booked in the previous three-month period.