Greek government announces fourth package of economic support measures

Α Decrease font Enlarge font
Greek government announces fourth package of economic support measuresThe damage to the economy because of the pandemic will be significant in the short-term, but temporary

Greek Finance Minister Christos Staikouras on Monday presented a new package of eight measures to support enterprises and workers during the month of April, along with raising a supplementary budget by 5.0 billion euros (from 4.0 billion), ANA reports.

More specifically, the fourth package of measures envisages the expansion of an emergency financial support of 800 euros to 1.7 million workers or 81 pct of the total workforce in the private sector.

The support is tax-free, with the government covering all social insurance contributions for 45 days, along with a four-month suspension of all tax payments (a 25 pct discount is offered for regular payments). Also, more enterprises will be offered VAT payment suspensions and other tax payment suspensions on the condition that they maintain all existing job positions.

The measures also cover around 700,000 professionals, self-employed and owners of small enterprises. 

The Easter bonus to workers will be paid in full by all enterprises.

The ministry will pay an extra bonus to 108,000 workers in hospitals and the Civil Protection Authority. 

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis

Tornos
  1. 06/06 13:22

    Indoor catering firms reopen in Greece on Saturday

  2. 05/06 18:03

    Greek president's message for World Environment Day on June 5

  3. 05/06 17:47

    World Tourism Organization chief issues message on restarting sector globally

  4. 05/06 17:28

    IATA Director General and CEO's message at media briefing on COVID-19

  5. 05/06 16:39

    United States calls Turkey-Libya maritime deal provocative and unhelpful

  6. 05/06 15:56

    IELKA report: Significant fall in use of plastic bags in Greek supermarkets

  7. 05/06 13:23

    Change of weather with showers and winds in Greece on Saturday

  8. 05/06 12:08

    Greek PM: Electromobility plan an emblematic initiative for the future

  9. 05/06 10:28

    Latest poll in Greece: ND leads with 19.5 points difference from SYRIZA

  10. 05/06 02:38

    'A Greek Summer State of Mind' is the new message of Greek tourism campaign (video)

  11. 04/06 23:57

    Finance chief claims Cyprus tourism will bounce back from COVID-19

  12. 04/06 23:51

    UNWTO: Restrictions on tourism travel beginning to ease but caution remains

  13. 04/06 23:46

    Greek government publishes health protocols for hotels in its gazette

  14. 04/06 23:38

    Air Cargo: Demand falls but capacity drops even faster

  15. 04/06 23:34

    ELSTAT data records moderate effect of Covid-19 crisis on Greek economy

  16. 04/06 23:17

    Greece honored country at Helsinki International Tourism Exhibition

  17. 04/06 19:18

    AHEPA donates $30,000 to boost Public Health in Greece amid COVID-19

  18. 04/06 18:45

    IATA: Urgent implementation of ICAO COVID-19 guidelines required

  19. 04/06 18:31

    UNWTO and IFC to promote green investments for tourism's sustainable future

  20. 04/06 18:30

    Bulgaria opens borders to visitors from 29 countries including Greece

  21. 04/06 17:16

    International Air Transport Association records first signals of uptick in aviation

  22. 04/06 17:01

    Associated Press: Health Minister visits hospital on Greek island of Samos

  23. 04/06 16:55

    Covid-19: Total number of intubated patients in whole of Greece drops to nine

  24. 04/06 15:26

    Migration flows to Greece reduced by 91% during May

  25. 04/06 14:36

    Greek government to present plan for tourism at 'Restart Tourism' event

  26. 04/06 13:54

    Large-scale Covid-19 testing to be carried out around Xanthi in Greece

  27. 04/06 12:24

    Greek Finance Minister: New bond issue probable in either June or July

  28. 04/06 00:03

    Increased police measures to apply on Pentecost long weekend in Greece

  29. 03/06 23:04

    AP: Cyprus hastens end of coronavirus lockdown by three weeks

  30. 03/06 21:11

    Aegean restarts flights abroad from Athens and Thessaloniki on June 15

  31. 03/06 20:42

    Associated Press: Italy opens borders ahead of neighbors welcoming tourists

  32. 03/06 20:30

    Mayors and minister ride around Athens on World Bicycle Day (video)

  33. 03/06 19:57

    TUI CEO: Greece in main tourist markets this year

  34. 03/06 19:52

    Greece, Cyprus and Jordan at trilateral meeting to expand cooperation

  35. 03/06 17:46

    Greece sells successfully six-month bond raising €1,3 billion

  36. 03/06 15:32

    Development Minister announces further easing of lockdown measures in Greece

  37. 03/06 15:25

    Skyscanner: Greece among 13 dream destinations in the world

  38. 03/06 12:11

    Attica region municipalities mark World Bicycle Day 2020 on June 3

  39. 03/06 00:06

    New digital platform for culture connects public to events in Greece and abroad

  40. 02/06 13:24

    All vehicles permitted to move freely in Athens traffic ring until July 17

  41. 02/06 11:45

    State Minister: We have a very organized and professional plan in tourism

  42. 01/06 20:59

    Third day in a row without coronavirus-related fatalities in Greece

  43. 01/06 20:49

    Mt. Athos in Northern Greece reopening to visitors and workers under conditions

  44. 01/06 20:48

    Civil Aviation Authority on two-tier June rules on international flights to Greece

  45. 01/06 20:39

    World's rich buy Greek luxury homes during COVID-19

  46. 01/06 20:32

    18th Special Advisory Committee for SNF Heath Initiative in Athens

  47. 01/06 20:20

    Affluent Russians flew with private jets to Cyprus during COVID-19 lockdown

  48. 01/06 20:17

    Greek Prime Minister visits primary school in Kallithea suburb of Athens

  49. 01/06 19:26

    First export of Kozani saffron ready to ship from Greece to China

  50. 01/06 18:11

    AP: Greece lifts lockdown on Hotels, pools and Golf courses

  51. 01/06 15:04

    Government spokesperson: Reopening of primary schools based on advice of experts

  52. 01/06 13:35

    Greece's Foundation for Research & Technology EIT Climate-KIC partner

  53. 31/05 14:16

    Environment Minister: Greece to ban disposable plastics as of July 2021

  54. 31/05 14:07

    Big Fat Greek Wedding returns on Facebook with livestream coronavirus campaign

  55. 31/05 14:03

    President: Greece is a country of creativity, equality and respect of human rights

  56. 31/05 13:56

    International production to start filming on Greek island of Amorgos on June 20

  57. 31/05 13:50

    Seven new Covid-19 cases since Friday and again no new fatalities in Greece

  58. 31/05 13:43

    Cyprus expects post-COVID-19 increased August arrivals of up to 600,000 tourists

  59. 31/05 13:39

    New draft bill raises A/V production subsidies and extends digital services in Greece

  60. 31/05 13:38

    Call on South Africa’s government for financial relief to airline sector

  61. 31/05 09:21

    Media report: Lesser-known travel destinations in a reopening Greece

  62. 30/05 15:02

    International Air Transport Association: Airline debt to soar by 28%

  63. 30/05 14:59

    Greek Minister: Hagia Sophia belongs to world heritage and must be respected

  64. 30/05 14:54

    UNWTO launches global guidelines to reopen tourism

  65. 30/05 14:23

    Provocative recitation of Quran in Hagia Sophia of Constantinople (videos)

  66. 30/05 14:21

    Greek PM: We want our actions to talk not our words (video)

  67. 30/05 13:32

    Reduced ticket prices in public transportation in Greece as of June 1

  68. 30/05 12:17

    Greek Minister presents amendment for boosting domestic tourism

  69. 30/05 11:53

    Athens and Epidaurus Festival to announce its program in Greece next Tuesday

  70. 29/05 22:06

    How ancient Greeks regarded India’s Caste system in 300 BC

  71. 29/05 21:07

    “Trip to Greece” film promotes destination in most critical tourist phase

  72. 29/05 20:40

    Greek train services expand while iconic routes at Pelion and Kalavryta restart

  73. 29/05 18:44

    No deaths from Covid-19 again in Greece during the last 24 hours

  74. 29/05 15:53

    Greek government: Turkish 'fiestas' outside Hagia Sophia 'annoying'

  75. 29/05 15:34

    Celestyal: Reopening of cruise sector to follow adoption of EU rules

  76. 29/05 13:39

    Greece to open its borders for inbound flights to these 29 countries from June 15

  77. 29/05 11:23

    International Documentary Festival on Castellorizo island on August 23-30

  78. 28/05 20:22

    AP: Austria takes Covid-19 precautions as it awaits summer tourist season

  79. 28/05 20:06

    Muslims pray in front of Hagia Sophia to revert historic monument into Mosque

  80. 28/05 19:47

    Brookings webinar with Greek PM on Greece’s COVID-19 response (video)

  81. 28/05 19:41

    Greek government's plan on re-opening of tourism sets five priorities

  82. 28/05 19:18

    AP: Europeans soak up the sun but Coronavirus travel rules a puzzle

  83. 28/05 19:04

    US to donate €2.9 million for refugee unaccompanied minors in Greece

  84. 28/05 18:23

    Greek police forces in Evros to be reinforced by 400 officers

  85. 28/05 18:12

    Greek Tourism Minister: Our target is to be ready to welcome every tourist

  86. 28/05 18:02

    AP: EasyJet and American Airlines to reduce workforce amid Covid-19

  87. 28/05 16:22

    PM: Greece secured €32 billion as a result of the government's consistent work

  88. 28/05 16:00

    COVID-19 Observatory: Greece's good course even more firmly established

  89. 28/05 15:41

    No coronavirus lockdown Swedish tourists welcome on Cyprus yet

  90. 28/05 14:56

    Health Minister: Single management and protocols for all Greek islands

  91. 28/05 14:42

    European Best Destinations: Monolithi Beach in Greece the safest in the whole of Europe

  92. 28/05 13:12

    WTTC presents first global safety stamp for 'Safe Travels' protocols around the world

  93. 28/05 01:37

    Greek firm concludes first phase of construction works in Agia Napa Marina

  94. 28/05 01:24

    Greek island medical staff being trained to deal with potential coronavirus cases

  95. 28/05 01:11

    GNTO and National Theatre in Athens to promote cultural tourism in Greece

  96. 28/05 00:34

    Greek Prime Minister welcomes European Commission aid proposal of €750 billion

  97. 27/05 23:40

    Aegean airline resumes foreign flights from Thessaloniki June 15

  98. 27/05 22:12

    Athens Open Air Film Festival offers unforgettable nights to movie fans

  99. 27/05 21:55

    European Union Covid-19 Recovery Fund to allocate €33.4 billion to Greece

  100. 27/05 20:53

    No new deaths from coronavirus pandemic in Greece since Tuesday