The speed at which COVID-19 has spread across the world and the severity of the disruption to Greek economy are unprecedented. In this unpredictable environment, the key to business survival is financial resilience since profitability, cash flow and sources of finance are coming under simultaneous pressure.
Accessing government or bank support packages where available, and implementing crisis cash management steps should be of top priority. A robust 13-week short term cash flow forecast is central to achieving both.
At KPMG, we are deeply committed to supporting you in your efforts to protect your business through a dedicated team of experienced restructuring professionals who are capable of addressing critical liquidity and / or debt structure and debt servicing challenges.
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If you have any queries regarding the potential coronavirus impact on your business or are looking to develop financial resilience, please do not hesitate to contact us.
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