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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-2022-22/2786 – measures in Greece

Financial support for the Media

Ikonomiki stirixi efimeridon, periodikon, radiofonikon stathmon, tileorasis (Οικονομική στήριξη εφημερίδων, περιοδικών, ραδιοφωνικών σταθμών, τηλεόρασης)

Country Greece , applies nationwide
Time period Temporary, 24 May 2022 – 30 June 2022
Context COVID-19
Type Other initiatives or policies
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Penny Georgiadou (INE GSEE)
Measure added 31 August 2022 (updated 26 September 2022)

Background information

The government with its Ministerial decision No. 81 on 24 May 2022 (as amended by the subsequent Ministerial Decision No. 90 on 10 June 2022) introduced the financial support of the Media (newspapers, regional digital television channels, radio stations, the periodical press / magazines and electronic media companies).

This specific measure was decided due to the fact that these companies were particularly affected by the economic crisis caused by the COVID-19 pandemic and the economic uncertainty caused by the emergency measures taken to prevent the spread of the coronavirus.

Content of measure

The Ministerial Decision No. 81 (Government Gazette 2568/24.5.2022/ B) provides for the financial support of the private companies as following:

  • The printed newspapers and magazines of national, regional and local circulation.
  • The regional television stations.
  • The radio stations.
  • All the electronic media.

The government funding covers the total or the partial amount of the monthly contribution of 2% on the turnover that the above companies contribute to the EDOEAP social security fund (United Press Organization of Supplementary Insurance and Medicare).

The funding will cover the contributions payed for the year 2021 and for the years from 2017 to 2020.

The Beneficiaries must submit an online application to EDOEAP until 14 June 2022. The total cost of the programme will cover up to €8.5 million.

Use of measure

No information available.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies
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

There is no involvement of social partners.

Views and reactions

There are no social partner reactions to the measure.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      J - Information And Communication J58 Publishing activities
      J59 Motion picture, video and television programme production, sound recording and music publishing activities

This case is not occupation-specific.

Sources

Citation

Eurofound (2022), Financial support for the Media, measure GR-2022-22/2786 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2022-22_2786.html

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