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Coronavirus & Travel – Business: Direct Support to Catering, Tourism to those who received reduced rents

What applies returnable deposit, program SURE and mortgage subsidy!!

In two interventions, itself’ one to support its sectors focus and tourism, and ef’ on the other hand for them homeowners who received reduced rent,……

the government will move forward in May.

Alongside, as stated by the Minister of Finance Christos Staikouras on ERT, Proceedings are underway on the details of the beneficiaries of the subsidy program mortgages with mortgage on A’ residence.

According to the minister, for tourism and focus there will be reasonable additional interventions, while for them homeowners, the ministry is working on 2- 3 scenarios for their support. Basic requirements, however, will be the owners, from their side, to deposit the rental contract but also the receipt of the reduced amount. The relevant process will take place through a special platform and will probably take some months within it 2021.

Referring to the program of "return advance»Total height 1 billion. euro, The minister said that within a few hours from the moment the relevant platform was opened, 438 companies submitted the relevant application.

Regarding the subsidy of the loan to affected "red" but also informed borrowers with mortgage with mortgage a’ residence, According to the minister, the program can last up to nine months. Especially for informed borrowers, will provide a loan subsidy that will far exceed the 50%, while the subsidy rate will be reduced by quarter. The criteria for the inclusion of beneficiaries in this program will be income and property, probably the same or better, said Mr.. Staikouras, in relation to the criteria applicable to the existing protection framework of a’ residential.

For SURE program of European commission to boost employment, details of which are expected to be discussed at the Eurogroup on Friday 15 May, Athens expects to receive at least 1,4 billion. euro, although it will seek to make this amount even greater.

The money will be directed to boosting the income of employees which will not be covered by the employer, especially in industries such as catering, tourism and industry, and the state will cover part of the wage cost.

The minister said the program would begin in June with coverage- at the beginning- of amounts from national resources and the aim is to expand to the end 2020.

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