Greece
Measures taken in response to coronavirus (COVID-19) pandemic
Adoption date |
Type of measure |
Beneficiaries' sector specification |
Description of measure |
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10/04/2020 |
Direct grants |
Non-financial corporations |
Small and medium size businesses that are affected financially by the COVID-19 health crisis will be granted subsidies for the payment of interest on existing loans (signed before 01.04.2020) for a period of three or five months, provided that these loans were performing as of 31.12.2019 or 29.02.2020. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). Businesses benefited by this measure should retain the overall size of their workforce on 31.12.2020 or 31.05.2021 as of 19.03.2020 (including suspended employment contracts). The total fiscal expenditure is estimated at EUR 750 million. The total interest expense covered per company will not exceed EUR 800 thousand. |
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11/03/2020 |
Tax deferrals |
Non-financial corporations |
The Greek Government has decided to suspend VAT payments and the collection of outstanding tax debts for businesses affected by the COVID-19 health crisis. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). The tax payments initially due from 11/03/2020 until 30/06/2020 are deferred until 30/04/2021, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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11/03/2020 |
Direct grants |
Non-financial corporations |
The Greek Government has decided to suspend social security contributions of February, March and April 2020, for businesses affected by the COVID-19 health crisis. These contributions which were initially due on 31/03/2020, 30/04/2020 and 31/05/2020 are extending and therefore could be paid until 30/09/2020, 31/10/2020 and 30/11/2020 respectively, without imposing any interest or surcharge. Other payment arrangements for social security contributions payable by 31/03/2020 and 30/04/2020 will be extended by three months, as well as the deadlines for all subsequent monthly installments. This measure applies only to businesses which will retain the overall size of their workforce. |
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15/04/2020 |
Direct grants |
Households |
Scientists affected financially by the COVID-19 health crisis will receive a special purpose compensation of EUR 600, which is tax free and shall not be offset against any other debt obligation. |
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16/04/2020 |
Direct grants |
Households |
Unemployed individuals who don’t receive the unemployment allowance and are registered as long-term unemployed from 01/04/2019 onwards will be granted a one-off benefit of EUR 400 to face the financial repercussion of the COVID-19 health crisis. The total fiscal expenditure amounts to EUR 65 million. |
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16/04/2020 |
Direct grants |
Non-financial corporations |
The Greek Government decided to provide special purpose compensations to support businessmen, freelancers and sole proprietors affected financially by the COVID-19 health crisis. The first compensation of EUR 800 included a period of 45 calendar days (mid-April 2020 to May 2020) and covered business activities either lock-downed by the government or financially affected by the health crisis. The second compensation of EUR 534 was provided for business activities lock-downed by the government after 18th May 2020 and of EUR 300 for businesses activities financially affected by the health crisis. The third and fourth compensations of EUR 534 and EUR 300 were provided for business activities financially affected by the health crisis in June and July 2020, respectively, based on a categorization made by the Government. The special purpose compensations are tax free and shall not be offset against any other debt obligation. |
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20/03/2020 |
Direct grants |
Households |
Unemployment allowance which expired or would expire within the first four months of 2020 will be extended for 2 months and up to 30 June 2020. |
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26/03/2020 |
Tax deferrals |
Households |
The payment of outstanding tax debts, which were initially due from 11.03.2020 until 30.06.2020, may be deferred until 30.04.2021, without imposing any interest or surcharge. Eligible for this measure are employees working at businesses affected financially by the COVID-19 health crisis, identified by their business activity code (either closed based on government order or materially affected by the crisis). |
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28/03/2020 |
Direct grants |
Households |
The Greek Government decided to provide the special purpose compensations of EUR 800 (March and April 2020) and of EUR 534 (May 2020) to support private sector employees affected financially by the COVID-19 health crisis. It covers a period of 75 calendar days, is tax free and shall not be offset against any other debt obligation. |
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30/03/2020 |
Tax reliefs |
Non-financial corporations |
The Greek Government provides a 25% discount on installments of established tax debts which are due from March to June 2020, subject to the provision that will be paid on time (i.e. until 21/04/2020, 30/04/2020, 15/06/2020 and 30/06/2020, respectively). The same discount holds for the payment of installments of other tax arrangements. Tax obligations from VAT are excluded. This discount is also valid for payments that were made from 11/03/2020 to 29/03/2020. |
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30/03/2020 |
Tax reliefs |
Households |
The Greek Government provides a 25% discount on installments of established tax debts which are due from March to June 2020, subject to the provision that will be paid until 21/04/2020, 30/04/2020, 15/06/2020 and 30/06/2020, respectively. The same discount holds for the payment of installments of other tax arrangements. Eligible for this measure are employees working at businesses affected by the COVID-19 health crisis (businesses are identified by their business activity code, either closed based on government order or materially affected by the crisis). |
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30/03/2020 |
Private moratoria |
Non-financial corporations |
From 30/03/2020 until 31/05/2020, businesses affected by the health crisis will have the option to defer the payment of securities (bills of exchange, cheques) by 75 days (from 15/03/2020 until 30/03/2020 the deferred payments are not being registered in the credit bureau system if they get paid within 75 days past due). The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). In addition, businesses that hold the above securities may also defer the payment of securities of their issuance by 75 days, without being registered in the credit bureau system from 01/06/2020 until 15/07/2020. In the latter case, the eligibility criterion is the value of deferred securities to be greater than 20% of their average monthly turnover of 2019. |
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30/03/2020 |
Tax deferrals |
Non-financial corporations |
Businesses that hold securities (bills of exchange, cheques) and are impacted financially by the option of issuers to defer their payment, may defer the payment of tax obligations and social security contributions on their side, even if they are not included in the list of affected businesses, based on their businesses activity code. Businesses that hold securities from the tourist industry may defer the payment of their tax obligations until 30/09/2020. |
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30/03/2020 |
Public loans |
Non-financial corporations |
Businesses affected by the health crisis may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses regardless of their legal status including general partnerships, limited partnerships, limited liability companies, private limited companies and sole proprietorships. The eligible businesses should employ from 0 to 1,000 members of staff except sole proprietorships which should employ at least 1 member of staff (excluding some sole proprietorships which are eligible even without employing any member of staff). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 31 October 2020. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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30/03/2020 |
Public moratoria |
Non-financial corporations |
Businesses affected financially by the COVID-19 health crisis may defer the payment of installments for loan obligations that was previously arranged by out-of-court settlements. The payment moratorium is valid for a 3 month period, without any consequences and without amending the duration of settlements. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). Other businesses may also request to benefit from the measure and be subject to creditors’ approval. |
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30/03/2020 |
Public moratoria |
Households |
Employees working at businesses affected financially by the COVID-19 health crisis may defer the payment of installments for loan obligations that was previously arranged by court decisions, including mortgage loans for their primary residence. The payment moratorium is valid for a 3 month period, without any consequences and without amending the duration of arrangements. Eligible for this measure are employees working at affected businesses identified by their business activity code (either closed based on government order or materially affected by the crisis). |
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30/03/2020 |
Direct grants |
Households |
Freelancers and sole proprietors can benefit from a 25% reduction if they pay promptly their social security contributions from February to May 2020 (i.e. within their respective deadlines without using the option provided for a deferral). |
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17/03/2020 |
Private moratoria |
Non-financial corporations |
Greek credit institutions provide the option of payment moratoria for legal entities financially affected by the health crisis. The payment moratoria concern the suspension of installments (both the amortization part and the contractual interest) which are due from 17/03/2020 until 31/12/2020, provided that these loans were performing as of 31/12/2019. |
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19/03/2020 |
Private moratoria |
Households |
Greek credit institutions provide the option of payment moratoria for natural persons (employees, freelancers and sole proprietors) financially affected by the health crisis. The payment moratoria concern the suspension of installments (both the amortization part and the contractual interest) until 31/12/2020, but only for performing loans as of 31/12/2019. |
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27/03/2020 |
Direct grants |
Households |
Freelancers and sole proprietors may suspend the payment of social security contributions from February to May 2020, if they have been affected financially by the COVID-19 health crisis. These contributions which were initially due on 31/03/2020, 30/04/2020, 31/05/2020 and 30/06/2020, respectively, are extended and therefore could be paid in four equal monthly installments. The first installment should be paid until 30/09/2020 for the contributions of February and March and until 31/10/2020 for the contributions of April and May, without imposing any interest or surcharge. Other payment arrangements for social security contributions payable by 31/03/2020 and 30/04/2020 will be extended by three months, as well as the deadlines for all subsequent monthly installments. |
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08/05/2020 |
Public guarantees |
Non-financial corporations |
The “COVID-19 Business Guarantee Fund” is established as an independent unit of the Hellenic Development Bank, as foreseen in the “Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (2020/C 91 I/01)”. The state aid is provided for financing guarantees on new loans for businesses’ capital needs, subject to a ceiling. The Fund collaborates with financial institutions operating in Greece. The total fiscal expenditure amounts to EUR 2.030.000.000. |
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30/05/2020 |
Direct grants |
Non-financial corporations |
A new employment support mechanism is established in the form of short-term financial support, for the preservation of full-time jobs in the private sector. According to this mechanism, private sector employers are eligible to reduce the weekly working time up to 50% for part or all of their employees, depending on their operations and without converting the employment contracts. The employees will receive financial support equal to 60% of their net salary for the time that they don’t work. The mechanism will be activated for the period from 15/06/2020 until 31/03/2021. Businesses should retain the overall size of their workforce included in the mechanism as of 30/06/2020 and maintain for them the same nominal wages. The mechanism will also pay the corresponding part of summer holidays and Christmas allowances for 2020, the remaining part will be covered by the employer. In any case, the sum of reduced salary and financial support cannot be less than the minimum wage; any difference will be covered by the state budget. |
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30/05/2020 |
Direct grants |
Households |
Employees in the tourist industry (tourist accommodations, busses) are eligible to receive monthly financial support of EUR 534, if their employment contracts are suspended in the period from June to September 2020 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The State Budget will also cover the social security contributions and the Christmas holiday allowances that correspond to the suspension days. The measure is valid regardless if the respective businesses will re-open for the summer 2020 or not. The above financial support is tax free and shall not be offset against any other debt obligation. |
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30/05/2020 |
Direct grants |
Households |
Seasonal employees in the tourist industry, who were employed full or part-time in 2019 and have received unemployment allowances for three months and five days from September 2019 until February 2020, are eligible to receive monthly extraordinary financial support from June to August 2020, equal to the last unemployment allowance. If these seasonal employees will be hired until 30/09/2020 with part-time contracts, then the social security contributions of employers will be covered by the state budget for the period from June to September 2020. The above financial support is tax free and shall not be offset against any other debt obligation. The total fiscal expenditure of the measure is estimated at EUR 52.500. 000. |
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30/05/2020 |
Direct grants |
Households |
Employees working in businesses affected financially by the crisis (tourism, transportation, sports and culture) are eligible to receive monthly financial support of EUR 534, if their employment contracts are suspended from June to July 2020 (for restaurants the measure applies only for June 2020). The above financial support is tax free and shall not be offset against any other debt obligation. |
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04/06/2020 |
Public guarantees |
Non-financial corporations |
The Greek government decided to provide to the European Union a guarantee of EUR 342.618.750, under the European Regulation 2020/672 for the establishment of a new instrument for temporary support to mitigate unemployment risks in an emergency (SURE). |
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20/03/2020 |
Tax deferrals |
Households |
The payment of outstanding tax debts, initially due from 11/03/2020 until 30/04/2020, may be deferred until 30/04/2021, without imposing any interest or surcharge. Eligible for this measure are freelancers and sole proprietors affected financially by the COVID-19 health crisis, identified by their business activity code (either closed based on government order or materially affected by the crisis). |
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07/12/2020 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in December 2020 and January 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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04/01/2021 |
Tax deferrals |
Non-financial corporations |
The payment of installments of settled tax debts (which were initially due until 31.01.2021) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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07/01/2021 |
Public loans |
Non-financial corporations |
Businesses may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses affected financially by the health crisis from September to December 2020, regardless of their legal status including sole proprietorships and non-profit corporations. The eligible businesses should employ from 0 to 1,000 members of staff (the number of staff as of 1 November 2020). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 30 June 2021. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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11/01/2021 |
Direct grants |
Households |
Individuals who will receive reduced rents by 40%, as part of the fiscal measures introduced for the relief of the economic consequences of the COVID-19 pandemic, will be deposited in their banking accounts the 20% of the initial rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. The measure is effective since November 2020 onwards. |
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27/01/2021 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 31.01.2021) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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31/01/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in February 2021 (EUR 534 correspond to 28 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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04/02/2021 |
Public guarantees |
Non-financial corporations |
The total fiscal expenditure of the “COVID-19 Business Guarantee Fund” has risen to EUR 2,250,000,000 (instead of EUR 2,030,000,000). |
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05/02/2021 |
Tax reliefs |
Households |
Individuals who received reduced rents from November 2020 by at least 40% for their rented properties are entitled to a discount on taxes, which should be equal to 20% of the remaining part of 60% of the rents received. The amount of the discount reduces tax obligations due from 31/07/2020 onwards. |
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05/02/2021 |
Tax reliefs |
Households |
Individuals, who received reduced rents from November 2020 by at least 30% for their rented properties after an optional agreement, are entitled to a discount on taxes, which should be equal to 20% of the remaining part of the rents received. The amount of the discount reduces tax obligations due from 31/07/2020 onwards. |
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05/02/2021 |
Direct grants |
Households |
Businesses lock downed by the government until 11/01/2021 are exempt from the obligation to pay rents for January and February 2021. Individuals who will not receive these rents will be deposited in their banking accounts the 80% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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05/02/2021 |
Direct grants |
Non-financial corporations |
Businesses lock downed by the government until 11/01/2021 are exempt from the obligation to pay rents for January and February 2021. Legal entities who will not receive these rents will be deposited in their banking accounts the 60% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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05/02/2021 |
Private moratoria |
Non-financial corporations |
From 02/01/2021 until 31/03/2021, businesses affected by the health crisis will have the option to defer the payment of securities (bills of exchange, cheques) by 75 days. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). The respective businesses should present a reduced turnover by more than 40% in Q4 2020 compared to Q4 2019. |
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05/02/2021 |
Direct grants |
Non-financial corporations |
Businesses materially affected by the crisis may be granted aid for fixed business expenses, in the context of the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (2020/C 91 I/01). The aid is tax free and shall not be offset against any other debt obligation. |
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05/02/2021 |
Direct grants |
Non-financial corporations |
The Greek main carrier “Aegean Airlines SA” will receive a grant of EUR 120 million, subject to the provision that the company will increase its share capital by EUR 60 million. The measure aims to compensate the airline for losses directly caused by the coronavirus outbreak and the travel restrictions imposed by Greece and other destination countries to limit the spread of the coronavirus. The grant is tax free and shall not be offset against any other debt obligation. In the same vein, the Athens International Airport SA and the operator of 14 regional airports received direct grants of EUR 130 million and EUR 178 million, respectively. |
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06/02/2021 |
Direct grants |
Non-financial corporations |
Cultural business or non-profit organizations (theaters, music stages, dance theaters, concert halls and other venues) will be financially supported for missing ticket seats (EUR 10 per seat, at the 40% of the theater capacity, 24 performances per month at maximum). The respective cultural businesses should present a reduced turnover by more than 20% from March to September 2020 compared to the same period in 2019. |
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01/03/2021 |
Public loans |
Non-financial corporations |
Businesses may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses affected financially by the health crisis in January 2021, regardless of their legal status including sole proprietorships and non-profit corporations. The eligible businesses should employ from 0 to 1,000 members of staff (the number of staff as of 1 January 2021). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 30 June 2021. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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16/02/2021 |
Direct grants |
Households |
Individuals who work in the tourist industry (tour guides, tourist escorts) and are not eligible to receive the unemployment allowance, they will receive instead the monthly financial support of EUR 534 for the period from January to February 2021. The total fiscal expenditure of the measure is estimated at EUR 15 million. |
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17/02/2021 |
Tax deferrals |
Non-financial corporations |
The payment of installments of settled tax debts (which were initially due until 28.02.2021) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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25/02/2021 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 28.02.2021) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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25/02/2021 |
Direct grants |
Non-financial corporations |
Small and medium size businesses that are affected financially by the COVID-19 health crisis will be granted subsidies for the payment of interest on existing loans. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). |
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02/03/2021 |
Direct grants |
All non-financial sector |
Payment arrangements for social security contributions payable by 28/02/2021 will be extended by one month, as well as the deadlines for all subsequent monthly installments, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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02/03/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in March 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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08/03/2021 |
Direct grants |
Non-financial corporations |
Businesses locked-down by the government during the Christmas 2020 period due to local suspension measures will be supported financially. The total fiscal expenditure of the measure is estimated at EUR 8.2 million. The total financial support per company will not exceed EUR 200 thousand. |
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19/03/2021 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 31.03.2021) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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19/03/2021 |
Tax deferrals |
Non-financial corporations |
The payment of installments of settled tax debts (which were initially due until 31.03.2021) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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31/03/2021 |
Direct grants |
Non-financial corporations |
Payment arrangements for social security contributions payable by 31/03/2021 will be extended by one month, as well as the deadlines for all subsequent monthly installments, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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31/03/2021 |
Direct grants |
All non-financial sector |
The Greek Government contributes to the payment of corporate loan installments. Benefitted individuals (free-lancers and sole proprietorships) or legal entities should have been proven affected financially by the COVID-19 health crisis, i.e. the revenues of 2020 should be reduced by 20% or more compared to the corresponding revenues of 2019. The maximum period of state contribution should not exceed eight months. The total fiscal expenditure of the measure is estimated at EUR 500,000,000. |
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19/04/2021 |
Private moratoria |
Non-financial corporations |
From 01/04/2021 until 30/04/2021, businesses affected by the health crisis will have the option to defer the payment of securities (bills of exchange, cheques) by 30 days. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). The respective businesses should present a reduced turnover by more than 40% in Q4 2020 compared to Q4 2019. |
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20/04/2021 |
Direct grants |
Households |
Businesses lock downed by the government are exempt from the obligation to pay rents for March 2021. Individuals who will not receive these rents will be deposited in their banking accounts the 80% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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20/04/2021 |
Direct grants |
Non-financial corporations |
Businesses lock downed by the government are exempt from the obligation to pay rents for March 2021. Legal entities who will not receive these rents will be deposited in their banking accounts the 60% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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20/04/2021 |
Direct grants |
Households |
Individuals who will receive reduced rents by 40% for March 2021, as part of the fiscal measures introduced for the relief of the economic consequences of the COVID-19 pandemic, will be deposited in their banking accounts the 20% of the initial rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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23/04/2021 |
Tax deferrals |
Non-financial corporations |
The Greek Government has decided to suspend the collection of outstanding debts for businesses affected by the COVID-19 health crisis. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). The tax payments deferred until 30.04.2021 are now further extended to defer until 31.12.2021, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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23/04/2021 |
Tax deferrals |
Households |
The payment of outstanding tax debts, which were initially deferred until 30.04.2021, may be further extended to defer until 31.12.2021, without imposing any interest or surcharge. Eligible for this measure are freelancers, sole proprietors and employees working at businesses affected financially by the COVID-19 health crisis, identified by their business activity code (either closed based on government order or materially affected by the crisis). |
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24/04/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in April 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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25/04/2021 |
Public loans |
Non-financial corporations |
Businesses may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses affected financially by the health crisis in January, February and March 2021, regardless of their legal status including sole proprietorships and non-profit corporations. The eligible businesses should employ from 0 to 1,000 members of staff (the number of staff as of 1 March 2021). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 31 August 2021. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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26/04/2021 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 30.04.2021) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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27/04/2021 |
Tax deferrals |
Non-financial corporations |
The payment of installments of settled tax debts (which were initially due until 30.04.2021) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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29/04/2021 |
Direct grants |
Non-financial corporations |
Movie theaters will be financially supported for missing ticket seats (EUR 4 per seat, at the 20% or at the 10% of the theater capacity for businesses lock-downed by the government, 40 performances per month at maximum). In addition, film distribution companies will receive financial aid to cover the 40% of the difference of their reduced turnover of 2020 compared to 2019. Eligible businesses should present a reduced turnover by more than 20% from March to September 2020 compared to the same period in 2019. |
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14/05/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in May 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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18/05/2021 |
Direct grants |
Non-financial corporations |
Businesses may be granted state aid in the form of increased special purpose compensation, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses either locked-down by the government or financially affected by the COVID-19 health crisis in April 2021, regardless of their legal status including sole proprietorships and non-profit corporations. The eligible businesses should employ less than 50 members of staff (the number of staff as of 1 April 2021). The respective businesses should be headquartered or permanently established in Greece. The state aid is granted to support the economy during the current outbreak of the diseases and is subject to approval by the Commission, as provided in the Commission Communication C (2020) 1863 / 19.3.2020 “Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak”. The total fiscal expenditure amounts to EUR 130,000,000 from the regular budget. |
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20/05/2021 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 31.05.2021) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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20/05/2021 |
Tax deferrals |
Non-financial corporations |
The payment of installments of settled tax debts (which were initially due until 31.05.2021) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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26/05/2021 |
Private moratoria |
Non-financial corporations |
From 01/05/2021 until 31/10/2021, businesses affected by the health crisis will have the option to defer the payment of securities (bills of exchange, cheques). The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). The respective businesses should present a reduced turnover by more than 40% in Q4 2020 compared to Q4 2019. |
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26/05/2021 |
Direct grants |
Households |
Businesses lock-downed by the government are exempt from the obligation to pay rents for April 2021. Individuals who will not receive these rents will be deposited in their banking accounts the 80% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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26/05/2021 |
Direct grants |
Non-financial corporations |
Businesses lock-downed by the government are exempt from the obligation to pay rents for April 2021. Legal entities who will not receive these rents will be deposited in their banking accounts the 60% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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26/05/2021 |
Direct grants |
Households |
Individuals who will receive reduced rents by 40% for April 2021, as part of the fiscal measures introduced for the relief of the economic consequences of the COVID-19 pandemic, will be deposited in their banking accounts the 20% of the initial rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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28/05/2021 |
Direct grants |
Non-financial corporations |
Payment arrangements for social security contributions payable by 31/05/2021 will be extended by one month, as well as the deadlines for all subsequent monthly installments, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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29/05/2021 |
Direct grants |
Non-financial corporations |
Businesses materially affected by the COVID-19 health crisis may be granted aid for fixed business expenses, for the period from 2020 to 2022. The aid should be granted in the form of discount for the payment of current tax debts and in the form of credit for the payment of social security contributions, payable from 1 July 2021 until 30 June 2022. Eligible are businesses headquartered or permanently established in Greece regardless of their legal status, including sole proprietorships and non-profit corporations. The state aid is granted to support the economy during the current outbreak of the pandemic and is subject to approval by the Commission, as provided in the Commission Communication C (2020) 1863 / 19.3.2020 “Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak”. The total fiscal expenditure amounts to EUR 500,000,000 from the regular budget. |
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30/06/2021 |
Direct grants |
Households |
Businesses lock-downed by the government or materially affected by the health crisis are exempt from the obligation to pay rents for May 2021. Individuals who will not receive these rents will be deposited in their banking accounts the 80% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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30/06/2021 |
Direct grants |
Non-financial corporations |
Businesses lock-downed by the government or materially affected by the health crisis are exempt from the obligation to pay rents for May 2021. Legal entities who will not receive these rents will be deposited in their banking accounts the 60% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
|||
30/06/2021 |
Direct grants |
Households |
Individuals who will receive reduced rents by 40% for May 2021, as part of the fiscal measures introduced for the relief of the economic consequences of the COVID-19 pandemic, will be deposited in their banking accounts the 20% of the initial rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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30/06/2021 |
Direct grants |
Non-financial corporations |
Payment arrangements for social security contributions payable by 30/06/2021 will be extended by one month, as well as the deadlines for all subsequent monthly installments, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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06/07/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in June 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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06/07/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in July 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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31/07/2020 |
Direct grants |
Households |
The Greek Government contributes to the payment of any kind of loan installments, if the loan is secured by the main residence of the borrower. Benefitted individuals or legal entities should have been proven affected financially by the COVID-19 health crisis. The borrower should have not been included in a previous loan settlement arrangement. State contribution |
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31/07/2020 |
Direct grants |
Non-financial corporations |
The social security contributions of businesses operating in the tertiary sector (including air and sea transportation) which generate 50% of their annual income in the third quarter (based on 2019 figures) will be covered by the state budget for the time period from 01/07/2020 to 31/03/2021. Businesses should retain the overall size of their workforce as of 30/06/2020. |
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31/07/2020 |
Direct grants |
Households |
Employees in the tourist industry and passenger transport (by air, sea and earth) are eligible to receive monthly financial support of EUR 534, if their employment contracts are suspended in the period from August to September 2020. The employers are obligated to retain the same number of employees for a period of 30 days after the termination of the measure. |
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24/08/2020 |
Tax reliefs |
Households |
Individuals who received reduced rents by at least 40% for their rented properties are entitled to a discount on taxes, which should be equal to 20% of the remaining part of 60% of the rents received. The amount of the discount reduces tax obligations for incomes derived from 01/01/2020, with a payment deadline from 31/07/2020 onwards, in the following order: i) personal income tax; special solidarity levy; business tax and luxury living tax ii) property tax iii) VAT and iv) any other tax or levy excluding tax obligations from previous tax arrangements. |
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07/09/2020 |
Direct grants |
Households |
Private sector employees are eligible to receive monthly financial support of EUR 534 if they work in businesses lock-downed by the government, for the period from August to September 2020. The financial support is tax free and shall not be offset against any other debt obligation. Employers are obligated to retain the same number of employees after the termination of the measure. |
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15/09/2020 |
Tax reliefs |
Households |
Individuals, who received reduced rents by at least 30% for their rented properties after an optional agreement for the period September - December 2020, are entitled to a discount on taxes, which should be equal to 20% of the remaining part of the rents received. The amount of the discount reduces tax obligations for incomes derived from 30/05/2020, with a payment deadline from 31/07/2020 onwards, in the following order: i) personal income tax; special solidarity levy; business tax and luxury living tax ii) property tax iii) VAT and iv) any other tax or levy excluding tax obligations from previous tax arrangements. |
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15/09/2020 |
Direct grants |
Households |
Employees in the tourist industry, restaurants, air and sea transportation, earth transportation of passengers, culture, sports and any other industry that is financially affected by COVID-19, are eligible to receive monthly financial support, if their employment contracts are suspended in October 2020 for up to 30 days. The financial support of EUR 534 corresponds to 30 days of suspension and is adjusted proportionally. The State Budget will cover the social security contributions that correspond to the suspension days. The financial support is tax free and shall not be offset against any other debt obligation. Employers are obligated to retain the same number of employees for a period of 30 days after the termination of the measure. |
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15/09/2020 |
Direct grants |
Households |
Individuals who work as tour guides, tourist escorts, or as artists in the arts and culture industry are eligible to receive monthly financial support of EUR 534, for the period from September to October 2020. The State Budget will also cover the social security contributions. The financial support is tax free and shall not be offset against any other debt obligation. |
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15/09/2020 |
Direct grants |
Households |
In cases of vulnerable employees where is not possible for them to provide remote work or to work without being in contact with the public, then the employer should suspend their employment contracts in order to protect their health. These employees are eligible to receive the financial support of EUR 534 that correspond to 30 days of suspension and is adjusted proportionally for the period from 22/08/2020 to 31/12/2020. The State Budget will also cover the social security contributions calculated on nominal wages that correspond to the suspension days. The financial support is tax free and shall not be offset against any other debt obligation. |
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15/09/2020 |
Direct grants |
Households |
Employees are eligible to receive the Christmas holiday allowance that corresponds to the employment period from 01/05/2020 until 31/12/2020, which is paid by the employer. The remaining part of the Christmas holiday allowance, that corresponds to the days under suspension of the employment contract, will be paid by the State Budget computed on the basis of EUR 534 financial support. |
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15/09/2020 |
Direct grants |
Households |
Sailors are eligible to receive financial support if their employment contracts are suspended for up to 30 days, in the period from May 2020 to October 2020. The financial support of EUR 534 corresponds to 30 days of suspension and is adjusted proportionally. The State Budget will cover the social security contributions that correspond to the suspension days based on the collective labor agreement. The financial support is tax free and shall not be offset against any other debt obligation. Ship-owners are obligated to retain the required number of sailors in accordance with existing legislation. |
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30/09/2020 |
Direct grants |
Non-financial corporations |
The Greek Government decided to suspend social security contributions of February, March and April 2020, for businesses affected by the COVID-19 health crisis. These contributions which were initially due on 31/03/2020, 30/04/2020 and 31/05/2020 are further extended and therefore could be paid until 30/04/2021, without imposing any interest or surcharge. This measure applies only to businesses which will retain the overall size of their workforce. |
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30/09/2020 |
Direct grants |
Households |
Freelancers and sole proprietors may suspend the payment of social security contributions from February to May 2020, if they have been affected financially by the COVID-19 health crisis. These contributions which were initially due on 31/03/2020, 30/04/2020, 31/05/2020 and 30/06/2020, respectively, are further extended and therefore could be paid until 30/04/2021. The measure also applies for supplementary settlements of previous years for social security contributions, which have also been postponed. |
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11/10/2020 |
Public loans |
Non-financial corporations |
Businesses may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses affected financially by the health crisis from March to August 2020, regardless of their legal status including non-profit corporations. The eligible businesses should employ from 0 to 1,000 members of staff (the number of staff as of 1 August 2020), except sole proprietorships which should employ at least 1 member of staff (excluding some sole proprietorships which are eligible even without employing any member of staff). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 31 December 2020. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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27/10/2020 |
Tax deferrals |
Non-financial corporations |
Businesses affected by the COVID-19 health crisis may suspend VAT payments until 30/04/2021, which were initially due from 01/10/2020 until 30/10/2020, without imposing any interest or surcharge. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). |
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14/11/2020 |
Public loans |
Non-financial corporations |
Businesses may be granted state aid in the form of repayable advances, which is tax free and shall not be offset against any other debt obligation. Eligible are businesses affected financially by the health crisis from September to October 2020, regardless of their legal status including sole proprietorships and non-profit corporations. The eligible businesses should employ from 0 to 1,000 members of staff (the number of staff as of 1 September 2020). The respective businesses should be headquartered or permanently established in Greece and should retain the same number of staff members until 31 March 2021. A grace period is provided until 30th June 2022; after its expiration, the state aid should be returned in ninety-six (96) equal installments. |
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16/11/2020 |
Direct grants |
Households |
Unemployment allowances which expired or would expire from September to December 2020 will be extended by 2 months. |
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16/11/2020 |
Direct grants |
Households |
Employees in the tourist industry (tourist accommodations, busses) are eligible to receive the monthly financial support of EUR 534 for October 2020, if their employment contracts were suspended in the period from June to September 2020 and had already received the same monthly financial support for the period under suspension (a part or all of the four months). The total fiscal expenditure of the measure is estimated at EUR 19.124.088. |
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25/11/2020 |
Tax deferrals |
Households |
The payment of settled tax debts (which were initially due on 30.11.2020) may be deferred at the end of the existing installment payment schedule. Eligible for this measure are employees working at businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by the activity code of the respective businesses. |
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25/11/2020 |
Tax deferrals |
Non-financial corporations |
The payment of settled tax debts (which were initially due on 30.11.2020) may be deferred at the end of the existing installment payment schedule. The payment of installments of other settled tax debts (which were initially due until 02.12.2020) and every subsequent installment may be deferred by one month, without imposing any interest or surcharge. Employers are obligated to retain the same number of employees after the termination of the measure. Eligible for this measure are businesses either locked-down by the government or financially affected by the COVID-19 health crisis, identified by their business activity code. |
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25/11/2020 |
Tax deferrals |
Non-financial corporations |
Businesses affected by the COVID-19 health crisis may suspend VAT payments until 30/04/2021, which were initially due from 01/11/2020 until 30/11/2020, without imposing any interest or surcharge. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). |
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25/11/2020 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 800 if their employment contracts are suspended in November 2020 (EUR 800 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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30/06/2021 |
Direct grants |
Households |
Businesses lock-downed by the government or materially affected by the health crisis are exempt from the obligation to pay rents for June and July 2021. Individuals who will not receive these rents will be deposited in their banking accounts the 80% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
|||
30/06/2021 |
Direct grants |
Non-financial corporations |
Businesses lock-downed by the government or materially affected by the health crisis are exempt from the obligation to pay rents for June and July 2021. Legal entities who will not receive these rents will be deposited in their banking accounts the 60% of the rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
|||
30/06/2021 |
Direct grants |
Households |
Individuals who will receive reduced rents by 40% for June and July 2021, as part of the fiscal measures introduced for the relief of the economic consequences of the COVID-19 pandemic, will be deposited in their banking accounts the 20% of the initial rents. The deposited amounts will be tax free and shall not be offset against any other debt obligation. |
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10/08/2021 |
Tax deferrals |
Households |
Natural persons financially affected by the imposition of restrictive measures due to the covid-19 pandemic, are eligible to apply for restructuring of outstanding tax debts incurred from March 2020 to July 2021. The payment of outstanding tax debts may be rearranged in 36 (interest-free) or 72 monthly installments (interest bearing 2.5%). The minimum amount of each monthly installment will be 30 euros for amounts up to 1,000 euros and 50 euros for amounts over 1,000 euros. The arrangement will be cancelled if the taxpayer fails to pay on time two consecutive monthly installments. Delayed payments will be increased by 5%. |
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10/08/2021 |
Tax deferrals |
Non-financial corporations |
Legal persons financially affected by the imposition of restrictive measures due to the covid-19 pandemic, are eligible to apply for restructuring of outstanding tax debts incurred from March 2020 to July 2021. The payment of outstanding tax debts may be rearranged in 36 (interest-free) or 72 monthly installments (interest bearing 2.5%). The minimum amount of each monthly installment will be 30 euros for amounts up to 1,000 euros and 50 euros for amounts over 1,000 euros. The arrangement will be cancelled if the legal person fails to pay on time two consecutive monthly installments. Delayed payments will be increased by 5%. |
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05/10/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in September 2021 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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09/12/2021 |
Direct grants |
All sectors |
Businesses materially affected by the COVID-19 health crisis and the fires broke out during August 2021 may be granted state aid. The state aid covers the period from July to September 2021, is tax-free and shall not be offset against any other debt obligation. The state aid is granted to support businesses during the current outbreak of the pandemic and is subject to approval by the Commission, as provided in the Commission Communication C (2020) 1863 / 19.3.2020 “Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak”. The total fiscal expenditure amounts to EUR 11,500,000 from the regular budget. |
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31/12/2021 |
Direct grants |
Households |
Private sector employees are eligible to receive the monthly financial support of EUR 534 if their employment contracts are suspended in January 2022 (EUR 534 correspond to 30 days of suspension and is adjusted proportionally to the suspension days). The financial support is tax free and shall not be offset against any other debt obligation. |
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17/03/2020 |
Short selling ban |
Securities and markets |
The Board of Directors of the Hellenic Capital Market Commission (HCM) decided to prohibit short sales and transactions other than short sales, which create or increase the net short positions in shares admitted to trading on the regulated market of the Athens Stock Exchange, irrespective of the venue where the transaction is executed. The prudential measure also includes sales of shares covered by subsequent intraday purchases and all related instruments relevant for the calculation of the net short position. The measure was in force from 18/03/2020 until 18/05/2020. |
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20/03/2020 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of March to June 2020, for businesses lock-downed by the government. For businesses affected financially by the COVID-19 health crisis, the same measure applies for the leases of April to September 2020 (businesses are identified by their business activity code, either closed based on government order or materially affected by the crisis). |
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20/03/2020 |
Other measure |
Households |
Leases of main residences will be reduced by 40% for employees under suspension of their employment contracts, for the months from March to September 2020. The same discount is also valid for the leases of student residences, if the parents are under suspension of their employment contracts, for the months from April to September 2020 (businesses are identified by their business activity code, either closed based on government order or materially affected by the crisis). |
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11/03/2020 |
Other labour market measure |
Households |
A special work leave is provided to one of the two employed parents of children up to 15 years of age in the context of the decision of the Government to close down all schools in Greece. For every four days of paid leave taken, 1 day will be subtracted from regular leave, while the other 3 days will be regarded as special work leave and will be subsidized partially from the State. Specifically, the State will cover the 1/3 of the cost of the special purpose leave. |
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30/03/2020 |
Other labour market measure |
Households |
The health care and civil protection staff will be granted a special bonus equal to half of monthly basic payroll. This special bonus shall not be offset against any other debt obligation. |
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30/03/2020 |
Other labour market measure |
Non-financial corporations |
Businesses who are affected financially by the COVID-19 health crisis may delay the payment of Easter holiday allowances until 30/06.2020. For employees whose contracts are suspended and are eligible of the EUR 800 special purpose compenation, part of the Easter holiday allowances will be paid by the state budget, depending on the duration of contract suspension. The remaining part will be paid by the employer. The businesses eligible for this measure are identified based on their businesses activity code (either closed based on government order or materially affected by the crisis). |
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01/05/2020 |
Private moratoria |
Households |
The pre-existing framework for the protection of main residence for over-indebted natural persons is extended from the previous deadline of 30 April 2020 to 31 July 2020. |
|||
30/05/2020 |
Private moratoria |
Non-financial corporations |
Leasing contracts can be restructured in such a manner so that the 40% of payable amounts to be extended in up to 12 monthly installments for real estate and six monthly installments for movables. This measure applies to businesses lock-downed by the government and is valid for the financial obligations of March, April and May 2020. For businesses affected financially by the COVID-19 health crisis, the same measure applies only for April and May 2020 (businesses are identified by their business activity code, either closed based on government order or materially affected by the crisis). |
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17/12/2020 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of December 2020, for businesses either lock-downed by the government or financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
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05/02/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of January and February 2021, for businesses financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
24/03/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 100% (total exemption) for the payments of January to March 2021, for businesses either lock-downed by the government or materially financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
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24/03/2021 |
Other measure |
Households |
Leases of main residences will be reduced by 40% for employees under suspension of their employment contracts, for the months from October 2020 to March 2021. The same discount is also valid for the leases of student residences, if the parents are under suspension of their employment contracts, for the months from October 2020 to March 2021 (businesses are identified by their business activity code, either closed based on government order or materially affected by the crisis). |
|||
24/03/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of March 2021, for businesses financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
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28/04/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 100% (total exemption) for the payments of April 2021, for businesses lock-downed by the government (businesses are identified by their business activity code). |
|||
28/04/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of April 2021, for businesses financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
25/05/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 100% (total exemption) for the payments of May 2021, for businesses either lock-downed by the government or materially financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
25/06/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of June 2021, for businesses financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
25/06/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 100% (total exemption) for the payments of June 2021, for businesses either lock-downed by the government or materially financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
15/09/2020 |
Other measure |
Non-financial corporations |
Commercial rent leases may be reduced by at least 30% for the payments of September to December 2020, for businesses affected financially by the COVID-19 health crisis (businesses are identified by their business activity code). The above reduction is optional requires the agreement of both real estate owners and lessees. |
|||
15/09/2020 |
Other measure |
Households |
Leases of main residences may be reduced by at least 30% for employees working at businesses affected financially by the COVID-19 health crisis, for the months from September to December 2020. The same discount is also valid for the leases of student residences, if the parents are employees working for the respective businesses (businesses are identified by their business activity code). The above reductions are optional and require the agreement of both residential owners and lessees. |
|||
15/09/2020 |
Other labour market measure |
Households |
A special work leave is provided for parents whose children will be affected by COVID-19, for ages up to 18 years old or over, regarding individuals with special disabilities. The special leave may last for 14 days or even more if this is properly justified. The employer will cover the 2/3 of the cost of the special purpose leave and the remaining 1/3 will be covered by the State Budget. |
|||
15/09/2020 |
Other labour market measure |
Households |
Especially for the year 2020, employees in the tourist industry and restaurants are eligible to receive the unemployment allowance for seasonal workers, if they collect 50 social security stamps instead of the limit of 100, as was previously in force. |
|||
24/11/2020 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 40% for the payments of November 2020, for businesses either lock-downed by the government or financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
21/07/2021 |
Other measure |
Non-financial corporations |
Commercial rent leases will be reduced by 100% (total exemption) for the payments of July 2021, for businesses either lock-downed by the government or materially financially affected by the COVID-19 health crisis (businesses are identified by their business activity code). |
|||
29/11/2021 |
O-SII |
Banking sector |
The O-SII buffer is set at 0.75% for 2022 (from 0.5%). The buffers will be fully implemented on 1 January 2023, in accordance with the phase-in schedule (applicable to 4 banks identified as O-SIIs. |
|||
20/07/2020 |
O-SII |
Banking sector |
Postponement of the phase-in schedule for the full implementation of the O-SII buffer by 1 year (applicable to 4 banks). |