Greek government announces fourth package of economic support measures

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

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