Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure GR-2020-22/1090 – measures in Greece
Country | Greece , applies nationwide |
Time period | Open ended, started on 27 May 2020 |
Context | COVID-19 |
Type | Other initiatives or policies |
Category |
Supporting businesses to stay afloat
– Other |
Author | Penny Georgiadou (INEGSEE) |
Measure added | 10 September 2020 (updated 22 September 2020) |
On 27 May 2020, the Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen & Merchants (IME GSEVEE) published a memorandum on "policy axes for saving businesses, maintaining jobs and ensuring social cohesion during the COVID-19 crisis".
The memorandum was based on the results of a previous GSEVEE survey on the impact of the COVID-19 on SMEs (April 2020). So, almost 80% of SMEs face lack of liquidity and one in seven companies may cease its operations in the next period.
According to the research and recognizing that the outbreak of the pandemic has created a new, multi-layered crisis and serious complications in economic and social functioning, the policy text of GSEVEE, addressed to the government and the political parties, develops the main policy axes on which interventions must be made, so that the difficult return to economic and social normality can be achieved with the least losses.
IME GSEVEE conducted a survey (April 2020) on the impact of the health crisis on small and micro enterprises, that consist of the 99% of companies in Greece and offer 80% of jobs in the private sector. On the basis of the survey, two elements were identified as more important in the operation of SMEs. The first concerns the lack of liquidity for almost 80% of small and micro-enterprises. The second concerns the viability of the companies. The survey showed that one in seven companies may cease its operations in the next period and it is estimated that 250,000 jobs (self-employed, employers and workers) will be lost in the next period. In this context and in order to halt the most adverse effects of the health crisis, GSEVEE has compiled the eight main policy axes and interventions to address the effects of pandemic on small and micro-enterprises:
This initiative of GSEVEE includes proposal to the government and to the political parties to protect the SMEs and workers and mitigate the consequences of COVID-19.
Workers | Businesses | Citizens |
---|---|---|
Applies to all workers |
SMEs
One person or microenterprises |
Does not apply to citizens |
Actors | Funding |
---|---|
Employers' organisations
|
European Funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | Agreed (outcome) incl. social partner initiative |
Form | Not applicable | Any other form of consultation, institutionalised (as stable working groups or committees) or informal |
Social partners' role in the implementation, monitoring and assessment phase:
This initiative of GSEVEE includes proposal to the government and to the political parties to protect the SMEs and workers and mitigate the consequences of COVID-19.
The initiative is supported by the SMEs.
Citation
Eurofound (2020), SMEs memorandum on saving businesses, maintaining jobs and ensuring social cohesion, measure GR-2020-22/1090 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2020-22_1090.html
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