greece

Greece: The additional measures of financial support activated by the Government/ Change in subsidizing real estate owners

Submitted by siha on Fri, 11/06/2020 - 17:13

Ministry of Finance (05.11.2020) All companies that are affected according to the expanded list of KAD April, now throughout the territory, are entitled to a mandatory reduction of rent by 40% on their commercial real estate. The same applies to the main residence of the employees who are suspended from employment, but also to the student residence of their children, throughout the territory.

Regions / Country
greece
Topics
Service quality
Cash transfers
Financing
Covid-19
Document Type

Greece: The additional measures of financial support activated by the Government/ One-off financial aid to non-subsidized long-term unemployed

Submitted by siha on Fri, 11/06/2020 - 17:03

Ministry of Finance (05.11.2020) A new one-off financial aid of 400 euros is granted to non-subsidized long-term unemployed, in proportion to the April aid. This policy measure concerns about 130,000 unemployed compatriots of ours, who became long-term unemployed after March 1, 2020. The cost is estimated at 50 million euros.

Regions / Country
greece
Topics
Unemployment
Extension of coverage
Cash transfers
Covid-19
Document Type

Greece: The additional measures of financial support activated by the Government/ Extension of unemployment benefit

Submitted by siha on Fri, 11/06/2020 - 16:56

Ministry of Finance (05.11.2020) All unemployment benefits that expired and expire in September, October, November and December are extended by 2 months. The cost is estimated at 308 million euros.

Regions / Country
greece
Topics
Unemployment
Extension of coverage
Cash transfers
Covid-19
Document Type

Greece: The additional measures of financial support activated by the Government/ Exemption of contribution and additional financial support for holidays

Submitted by siha on Fri, 11/06/2020 - 16:49

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.

Regions / Country
greece
Topics
Contribution Collection and Compliance
Cash transfers
Covid-19
Document Type

Greece: Joint Press Release of the Ministry of Finance and the Ministry of Labor Social Affairs/ Rent reduction

Submitted by siha on Fri, 11/06/2020 - 16:20

Ministry of Finance (16.10.2020) Companies based in a Regional Unit that is part of level 4 for at least 14 days and are significantly affected according to the expanded list of KAD April, including scientific disciplines, are entitled to a mandatory rent reduction of 40% on their commercial real estate. The same applies to the main and student residence of suspended employees. For the owners who rent real estate in these companies and the above employees, 1/3 of the loss is offset against their tax liabilities.

Regions / Country
greece
Topics
Housing
Employment
Financing
Covid-19
Financial crisis
Document Type

Greece: Joint Press Release of the Ministry of Finance and the Ministry of Labor & Social Affairs/ Special compensation for the self-employed

Submitted by siha on Fri, 11/06/2020 - 16:07

Ministry of Finance (16.10.2020) For the self-employed, self-employed and business owners who employ up to 20 people, who are based in a Regional Unit included in level 4 and are significantly affected according to the expanded list of KAD April, including scientific disciplines, special purpose compensation is given, amounting to 534 euros on a monthly basis. In case the duration of stay at level 4 of the Regional Unit is 14 days or less, the monthly compensation amounts to 300 euros. 

Regions / Country
greece
Topics
Cash transfers
Covid-19
Document Type

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

Submitted by siha on Fri, 11/06/2020 - 16:03

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.

Regions / Country
greece
Topics
Unemployment
Contribution Collection and Compliance
Cash transfers
Covid-19
Document Type

Greece: Additional measures to support employees and businesses for the period July - September 2020

Submitted by siha on Tue, 07/07/2020 - 15:27

Ministry of Finance (03.07.2020) Coverage of State Budget of employer contributions during the months of July, August and September 2020 for companies that have the highest percentage of their turnover by 3 the quarter.

Regions / Country
greece
Global challenges
Topics
Employment
Contribution Collection and Compliance
Document Type

Greece: Additional measures to support employees and businesses for the period July - September 2020

Submitted by siha on Tue, 07/07/2020 - 15:23

Ministry of Finance (03.07.2020) Extension of the provision for subsidizing 60% of the insurance contributions of employers in the SYN-ERGASIA program for the months of August to October.

Regions / Country
greece
Global challenges
Topics
Employment
Contribution Collection and Compliance
Document Type