Background information

Russia's war against Ukraine, the sanctions imposed by the EU and its international partners and the countermeasures taken, have created significant economic uncertainties, disrupted trade flows and affected many industries. One of the sectors strongly affected was the fur and related products sector, because the Russian market is the main export destination.

Content of measure

The aim of the emergency grant is to cover future operating costs and purchases of raw materials in order to ensure part of the liquidity required for the continuation of economic activities and the operation of businesses, indirectly supporting also the preservation of jobs. According to the requirements of the programme of the emergency grant to fur and related companies affected by the war situation in Ukraine and international sanctions against Russia:

• Beneficiaries, among others must have: exports to third countries in the year 2021 at least the 20% of their total turnover of the same year and a decrease in their turnover in the first half of the year 2022 by at least 10% compared to the turnover of the first half of the year 2019.
• The application for funding is submitted electronically to the State Aid Information System (PSKE) of the Ministry of Development with the indication: "Emergency Grant to companies affected by Russia's aggression against Ukraine and the international sanctions imposed”
• The maximum grant amount is €60,000 per company.
• The grant is co-financed by the European Regional Development Fund and national resources.

Τhe projected budget is €20 million.

The deadline for applications is from 12 October 2022 to 20 January 2023.

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	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

There is no any involvement of social partners.

Views and reactions

There are no social partner's reactions to the measure.

Sectors and occupations

This case is not occupation-specific.

Sources

• 20 February 2023: Έκτακτη επιχορήγηση σε επιχειρήσεις που έχουν πληγεί από την επίθεση της Ρωσίας κατά της Ουκρανίας και τις διεθνείς κυρώσεις που επιβλήθηκα (www.espa.gr)