blogs.worldbank.org (07.10.2021) The Guaranteed Minimum Income (GMI) program is the flagship of Greece’s social protection reforms and particularly effective by international standards in reaching poor households.  Its national launch in February 2017 aligned Greece with other EU members in offering a last resort benefit.  The government used the program as a platform to provide additional one-off support during the COVID-19 pandemic. 

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.

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.

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.

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.

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.

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. 

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.