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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-2024-6/3475 – measures in Greece

Changing devices for businesses

Αλλάζω συσκευή για τις επιχειρήσεις

Country Greece , applies nationwide
Time period Temporary, 08 February 2024 – 30 September 2025
Context Green Transition
Type Other initiatives or policies
Category Promoting the economic, labour market and social recovery into a green future
– Financing the green transition
Author Penny Georgiadou (INE GSEE)
Measure added 22 February 2024 (updated 28 March 2024)

Background information

The Ministry of Environment and Energy launched the program 'Changing Devices for Businesses' on 22 February 2024. The programme includes support for businesses to install energy-efficient equipment.

The aim of the programme is to improve the energy efficiency of businesses and reduce the consumption of primary energy, and consequently carbon dioxide (CO2) emissions, by at least 30% for each enterprise.

The programme will be implemented within the framework of the action 'Saving - Doing Business' of the National Recovery and Resilience Plan 'Greece 2.0,' financed by the European Union-NextGenerationEU.

Content of measure

The programme 'Changing Devices for Businesses' concerns the improvement of energy efficiency for existing businesses of all sizes - even individual ones - operating in Greece, holding a Greek VAT number, being active at the time of application, and established by 31 December 2023.

Beneficiary businesses are supported with the aim of installing energy-efficient equipment. This includes, among other things, heating systems using heat pumps, as well as solar heating systems, replacement of energy-consuming machinery and equipment items of businesses, smart energy consumption measurement devices. Additionally, expenses related to relevant services are covered, such as transportation, installation, customization of the new equipment and energy audit.

The maximum amount of support is €10,000 per business. Small businesses can submit applications with a maximum budget of €20,000, with the subsidy rate set at 50%, while medium and large enterprises can submit applications with a maximum budget of €25,000, with the subsidy rate reaching 40% for them.

Applications for participation are submitted through the electronic platform: https://exoikonomo-epixeiro2023.gov.gr/ from 22 February 2024, until the budget is exhausted.

Use of measure

The total budget of the programme will be €105.6 million.

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

There is no any involvement of social partners.

Views and reactions

Although there are no official announcements from employers' organization following the publication of the measure, the replacement of businesses' equipment with new environmentally friendly and less energy-consuming ones was a consistent demand from them.

Sources

  • 09 February 2024: Προδημοσίευση προγράμματος «Εξοικονομώ – Αλλάζω συσκευή για τις επιχειρήσεις (greece20.gov.gr)
  • 22 February 2024: Από σήμερα η υποβολή αιτήσεων στο πρόγραμμα «Εξοικονομώ – Αλλάζω συσκευή για τις επιχειρήσεις (ypen.gov.gr)

Citation

Eurofound (2024), Changing devices for businesses, measure GR-2024-6/3475 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2024-6_3475.html

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