The Impact of the COVID-19 pandemic on the Greek Economy: A mini Review

Introduction: The impact of the COVID-19 pandemic has brought about a major public health crisis, as well as economic and social consequences for the global economy, becoming a global issue.

Purpose: To identify the impact of the COVID-19 pandemic on the Greek economy.

Methodology: This narrative review was based on the bibliographic search of reviews and research studies drawn from international databases. The exclusion criterion of the articles was the language other than English and Greek.

Results: With the advent of the COVID-19 pandemic, the European Union made efforts to properly address the economic consequences of the pandemic, but the budget crisis preceded it, and thus the economies were led into further recession. Greece, which had previously gone through a long period of economic crisis, remained unscathed by the new crisis created by the pandemic. The pandemic brought additional socio-economic problems that Greece, with the support and cooperation of the European Union, was called upon to resolve. The impact of the pandemic on Greece caused a multitude of issues in sectors such as employment, tourism, industry, and transport.

Conclusion: The COVID-19 pandemic has had a profound and lasting impact on the Greek economy, exacerbating existing vulnerabilities that existed since the time of the economic crisis.