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EU PolicyWatch

Database of national-level policy measures

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-2021-47/2095 – measures in Greece

Fixed cost subsidy for companies financially affected by the pandemic

Επιδότηση παγίων δαπανών σε επιχειρήσεις που επλήγησαν οικονομικά λόγω COVID-19

Country Greece , applies nationwide
Time period Temporary, 16 November 2021 – 31 December 2021
Context COVID-19
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Elena Kousta (INE GSEE) and Eurofound
Measure added 14 December 2021 (updated 07 February 2022)

Background information

In the context of supporting companies that have been financially affected by the appearance and spread of COVID-19 pandemic, the companies concerned are given the opportunity to receive aid in the form of a fixed cost subsidy, for non-covered fixed expenditure, for the period from 1 April 2020 to 31 December 2020. The company must submit, through the "myBusinessSupport" platform, until the 31 December 2021 the supporting documents required.

Content of measure

Joint Ministerial Decision 1046/2021 set the prerequisites for granting aid in the form of a fixed costs subsidy, for non-covered fixed costs, from 1 April 2020 to 31 December 2020, in financially affected companies by the occurrence and spread of COVID-19. This will be given as a credit which can be used until 31 December 2021, for repayment of current tax debts for the year 2021 -payable from 1 July 2021 to 31 December 2021-; or for current insurance contributions for the year 2021 -payable from 1 July 2021 until 31 December 2021. The subsidy cannot exceed 70% of business loss for large and medium-sized enterprises, and 90% for small and micro enterprises.

Use of measure

No available information yet.

Target groups

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

Actors and funding

Actors Funding
National government
Company / Companies
European Funds
National funds

Social partners

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:

  • No involvement
  • Main level of involvement: N/A

Involvement

No involvement.

Views and reactions

No available information.

Sources

Citation

Eurofound (2021), Fixed cost subsidy for companies financially affected by the pandemic, measure GR-2021-47/2095 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2021-47_2095.html

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