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-2021-12/1998 – Updated – measures in Greece
|Country||Greece , applies nationwide|
|Time period||Temporary, 16 March 2021 – 20 October 2021|
|Type||Other initiatives or policies|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Penny Georgiadou (INE GSEE)|
|Measure added||06 August 2021 (updated 16 November 2021)|
On 16 March 2021, the Ministry of Development & Investment launched the programme "Support for start-ups of the National Register" Elevate Greece "to deal with the COVID-19 pandemic" The action targets to the strengthening of the entrepreneurship and the liquidity of the start-ups and innovative small and medium enterprises, that are active in the areas of “Smart Specialization - RIS3”, of the National Register of start-ups "Elevate Greece", under the difficult conditions of the pandemic crisis which worsened due to its prolonged exacerbation of the affected economic Activity Codes. The aid will be given in the form of grants (working capital), so that companies remain viable and jobs are not lost.
According to the requirements of the programme:
The budget of the program is €60 million. The application period is from March 16, 2021 to September 30, 2021. The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and from national resources.
There is no information.
|Does not apply to workers||
||Does not apply to citizens|
Company / Companies
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
There is no involvement of social partners.
There are no social partner's reactions to the measure.
Eurofound (2021), Support for start-ups of the National Register "Elevate Greece", measure GR-2021-12/1998 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2021-12_1998.html
30 January 2023
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.