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COVID-19 EU PolicyWatch

Database of national-level responses

Eurofound's COVID-19 EU PolicyWatch collates information on the responses of government and social partners to the crisis, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for case GR-2020-49/1497 – measures in Greece

'Bridge Programme' for the support of mortgage loan borrowers

Πρόγραμμα 'Γέφυρα' για τη Στήριξη Δανειοληπτών

Country Greece , applies nationwide
Time period Temporary, 30 November 2020 – 30 August 2021
Type Legislations or other statutory regulations
Category Measures to prevent social hardship
– Preventing over-indebtedness
Author Elena Kousta (INE GSEE) and Eurofound
Case created 29 November 2020 (updated 11 January 2021)

Background information

The "BRIDGE" programme of the Ministry of Finance concerns the mortgage borrowers affected by the COVID-19 pandemic. It provides for state subsidy of mortgage installments for a period of nine months. The programme will cover not only non-performing loans, but also borrowers that are not in arrears but have been impacted by the coronavirus crisis.

Content of measure

A platform created by the Ministry of Finance ( in order to receive applications for participation in the "BRIDGE" program concerning mortgage borrowers affected by the pandemic. The payment of the loan installment subsidy for nine months to the beneficiaries is expected to start on Monday 30 November 2020 and is addressed to three different categories of borrowers.

The first category concerns the "greens", that is, Informed borrowers who will receive a state subsidy of their mortgages at a rate of 70% - 90% for nine months. The other two categories concern the "reds", that is borrowers who have stopped repaying their loan to the bank for more than three months and borrowers whose mortgages have been terminated by the banks as they have not were served for a long time. These two categories of borrowers are entitled to lower installment subsidy rates loans, from 30%-70% and only if, by the end of the year, they proceed to settle their loan with the bank and consent to the lifting of their banking and tax personal data. The estimated budget cost is €108 million for 2020, and €280 million for 2021.

Use of measure

The Ministry's of Finance platform received 160,000 applications for mortgage subsidy. Press releases refer that the Ministry has concluded the eligibility criteria control for 100,000 applicants. However, it is not yet known the amount of beneficiaries.

Target groups

Workers Businesses Citizens
Does not apply to workers Does not apply to businesses Applies to all citizens

Actors and funding

Actors Funding
National government
European Funds
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: Unknown


No available answer

Views and reactions

No available answer


  • 09 October 2020: 'Bridge' Programme (Πρόγραμμα 'Γέφυρα') (


Eurofound (2020), 'Bridge Programme' for the support of mortgage loan borrowers, case GR-2020-49/1497 (measures in Greece), COVID-19 EU PolicyWatch, Dublin,

Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.