Ministry of Finance (05.11.2020) Employees of companies-employers, throughout the territory, who are affected according to the expanded list of KAD April, may be temporarily suspended from employment. Therefore, they are entitled to special purpose compensation, in proportion to the period during which they are suspended. For the above period, all insurance contributions, calculated on the nominal salary, are covered by the State Budget, proportionally. The cost of the measure is estimated, based on new data, at 675 million euros, for the month of November alone. Today, in addition to extending the measure, we are announcing an additional political option to financially support employees, in anticipation of the holidays: Business employees until yesterday, November 4, 2020, who will be suspended in November, will receive, within December, instead of 534 euros, 800 euros, calculated proportionally for the days that were suspended. This one-time financial aid to employees is in addition to the coverage of the Christmas gift, as already announced and will be implemented. The cost is estimated at 215 million euros.
For the period employees are suspended, all insurance contributions, calculated on the nominal salary, are covered by the State Budget. In addition, business employees until yesterday, November 4, 2020, who will be suspended in November, will receive, within December, instead of 534 euros, 800 euros, calculated proportionally for the days that were suspended. This one-time financial aid to employees is in addition to the coverage of the Christmas gift, as already announced and will be implemented.
Employees of companies-employers, throughout the territory, who are affected according to the expanded list of KAD April, may be temporarily suspended from employment.
Therefore, they are entitled to special purpose compensation, in proportion to the period during which they are suspended.
For the above period, all insurance contributions, calculated on the nominal salary, are covered by the State Budget, proportionally.
The cost of the measure is estimated, based on new data, at 675 million euros, for the month of November alone.
Today, in addition to extending the measure, we are announcing an additional political option to financially support employees, in anticipation of the holidays:
Business employees until yesterday, November 4, 2020, who will be suspended in November, will receive, within December, instead of 534 euros, 800 euros, calculated proportionally for the days that were suspended.
This one-time financial aid to employees is in addition to the coverage of the Christmas gift, as already announced and will be implemented.
The cost is estimated at 215 million euros.