Factsheet for case GR-2020-53/1652 – measures in Greece
|Country||Greece , applies nationwide|
|Time period||Temporary, 31 December 2020 – 31 January 2021|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Elena Kousta (INE GSEE) and Eurofound|
|Case created||05 January 2021 (updated 13 January 2021)|
The Ministry of Development and Investment announced, early December, the financing of small and very small enterprises via the EU NSRF (National Strategic Reference Framework) funds for the creation of digital e-commerce platforms. The program will subsidise 100% of the cost for the creation of an online store and up to €5,000, and will relate exclusively to retail shops. The total budget amounts to €80 millions with a number of beneficiaries estimated to 16,000 companies.
The Ministry of Development and Investment announced 9 December, 2020 a new financing program by the end of the year, through the EU National Strategic Reference Framework 2014-2020 (NSRF), which will subsidise the creation of an e-shop for retail stores, with a budget of €80 millions. The program will subsidise 100% of the cost for the creation of an online store and will relate exclusively to retail, as the services are covered by existing action. This is the action "Competitiveness Toolkit for Small and Very Small Enterprises", in which funding applications can be submitted until 31 January, 2021. With the new program, the maximum amount of a grant retail business for the entire cost will reach up to €5,000. This means that the subsidy will be claimed by 16,000 companies. According to available data, only 20% of the specific category of companies have an online store (e-shop).
The total budget amounts to €80 million with the number of beneficiaries estimated to 16,000 companies.
|Does not apply to workers||
Sector specific set of companies
|Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
No available answer.
No available answer.
|Economic area||Sector (NACE level 2)|
|G - Wholesale And Retail Trade; Repair Of Motor Vehicles And Motorcycles||G47 Retail trade, except of motor vehicles and motorcycles|
This case is not occupation-specific.
Eurofound (2021), E-Commerce Platforms' Funding via EU NSRF, case GR-2020-53/1652 (measures in Greece), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.