Greece: Joint Press Release of the Ministry of Finance and the Ministry of Labor & Social Affairs/ Special compensation, contribution exemption and protection of employment contract

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Ministry of Finance (16.10.2020) The employees of business-employers who are based or have a branch in the Regional Unit at level 4 and are significantly affected according to the expanded list of KAD April, may be temporarily suspended are entitled to special purpose compensation, proportional to the period set at a minimum of 14 days, estimated at EUR 534. For the above period, the full insurance contributions are calculated proportionally, calculated on the nominal salary from the state budget. For companies that are closed by order of a public authority, the employment contract of the employees is obligatorily suspended and for as long as the suspension is valid, the dismissals are invalid.

measures summary

The employees of business-employers who are based or have a branch in the Regional Unit at level 4 and are significantly affected according to the expanded list of KAD April, may be temporarily suspended are entitled to special purpose compensation, proportional to the period set at a minimum of 14 days, estimated at EUR 534. For the above period, the full insurance contributions are calculated proportionally, calculated on the nominal salary from the state budget. For companies that are closed by order of a public authority, the employment contract of the employees is obligatorily suspended and for as long as the suspension is valid, the dismissals are invalid.

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Description/integral text (Internal-not for publishing)

1. For the period during which the declaration of the Regional Unit is valid at level 4, the employees of business-employers who are based or have a branch in the said Regional Unit and are significantly affected according to the expanded list of KAD April, may be temporarily suspended. are entitled to special purpose compensation, proportional to the period set at a minimum of 14 days, estimated at EUR 534. For the above period, the full insurance contributions are calculated proportionally, calculated on the nominal salary from the state budget. For companies that are closed by order of a public authority, the employment contract of the employees is obligatorily suspended and for as long as the suspension is valid, the dismissals are invalid. Businesses,