COVID-19 pandemic: Does insurance coverage hold up?

The unprecedented COVID-19 pandemic has already affected the global economy across business industries throughout the world. Greece of course is no exception, as the Greek government has imposed right from the beginning strict restrictions on the operation of all businesses which deal with the public and proceeded with further restrictions such as travel bans and lockdowns of public areas. Furthermore, as of March 18th all retail shops other than the stores necessary for the supply of households and businesses such as supermarkets, pharmacies, greengrocer’s stores etc. will be closed until further permission, while the operation of hotels will be temporarily suspended. Although the government denies that a complete curfew is imminent, it cannot be excluded that such measures are also taken in the next weeks, depending on how the situation develops.