Cash will flow from banks to markets, probably exceeding 15 bln euros, Gerapetritis says

“The government has a number of scenarios regarding how the economy will behave,” State Minister Giorgos Gerapetritis said on Wednesday in an interview with radio Alpha 98.9, adding that banks will provide the market with liquidity, with the flow of cash probably exceeding 15 billion euros.

He also announced that the government’s plan for tourism will be presented on May 15 and, if all goes well, the country will once again be open for foreign tourists on July 1. “It is an operational plan strategy from end to end,” he said, adding that “May 15-20 is crucial for us,” as the consequences of the partial relaxation of restrictions will become apparent in that week.