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Tag Archives: businesses

Greece opens subsidy program platform for purchase of e-vehicles

The Greek government will launch a program to subsidize the purchase of e-vehicles such as electric cars as well as electric two-wheelers, three-wheelers and e-bicycles in the framework of a strategy to promote the use of electric cars in the country. Environment and Energy Minister Costas Skrekas announced that the …

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Greece raises households electricity subsidy for July to €200; businesses provisions

There will be significantly increased subsidies to cover the cost of electricity in July, Environment and Energy Minister Kostas Skrekas announced on Tuesday. The subsidy amount per MWH and KWh for households and businesses will rise and thus independent from the income criteria and consumption caps for eligibility. Regarding energy …

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Over 3,800 houses & buildings declared “uninhabitable” in earthquake hit Crete

Almost 4,000 houses, businesses and public building have been declared as “uninhabitable”, so far, in central Crete, after the earthquake that stroke with 6 R Arkalochori and the broader area on September 27. 6,000 inspections have been conducted by teams of engineers from the Ministry of Infrastructure and Transportin residences, …

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Earthquake Crete: 772 homes, 36 businesses, 6 schools declared “unsafe”

A total of 772 homes and 36 businesses in towns and villages in Crete hit by the 6 R earthquake were classified as “unsafe”. So far, engineers have inspected 995 homes and 45 professional structures, authorities said on Wednesday. Of 18 schools inspected, 12 are in good condition and 6 …

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Greece announces relief package for fire-affected households, businesses

Τhe Greek government on Tuesday announced a package of relief measures for all those hit by the recent forest fires that burned large parts of the country since the beginning of the month. A relief down-payment is to be given as soon as possible, “in 10-15 days the latest” as …

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EU Commission approves €800 million for Greece’s tourism sector affected by pandemic

The European Commission approved an 800-million-euro Greek program for the support of tourism businesses that have been affected by the coronavirus outbreak. The scheme was approved based on the temporary framework for the EU state members support, a European Commission’s announcement said on Tuesday. EU vice president Margrethe Vestager in …

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Greece extends 40% reduction of commercial rents for another month

Greek authorities extended for another month the measure for a 40% reduction of commercial rents for enterprises in the sectors of hospitality, transport, culture and sports that were hit by the pandemic crisis. Greek Finance Minister Christos Staikouras said the measure will be extended in the month of September. Speaking …

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Greece lifts lockdown restrictions to more businesses on June 28

Greece is taking another step towards the full lifting of lockdown restrictions and on Monday, June29, 2020, it allows more businesses to open again that were shut down in March. The business allowed to operate again are: casinos, concerts, conferences and trade fairs, cultural associations and all-year cinemas as well …

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Greece opens again a series of businesses on June 1

Greece lifted lockdown restrictions Monday for hotels, open-air cinemas, golf courses and public swimming pools as the country ramped up preparations for the crucial summer tourism season to start in two weeks. Primary school children also returned to class. Strict public safety measures have kept Greece’s COVID-19 infection rate low. …

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Fines €100-€10,000 for smokers & businesses violating smoking ban

One day before the Smoking Ban official goes into effect in Greece on November 19, 2019, the Health Ministry published in the Official Gazette the full price list of fine for those violating the Law. The fines range from 100 to 10,000 euros and will be charged on smokers as …

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Greek gov’t measures for workers, businesses affected by Thomas Cook collapse

The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance, the Labor and the Development ministries. Workers The number of required insurance stamps (IKA/EFKA) for …

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Mitsotakis: Business tax down to 24% for 2019 incomes, at 20% as of 2021

One day before visiting Paris to meet with French President Emmanuel Macron, Prime Minister Kyriakos Mitsotakis spoke to French daily Figaro and invited investors to Greece. A thorough bill for taxation reduction for businesses will be presented in September, Mitsotakis told Figaro said adding that “income tax for businesses will …

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Greek households & businesses still keep billions under mattresses or abroad, says BoG governor

The governor of the Bank of Greece, Yannis Stournaras, has said that Greek households still keep their money away from the banking system because they are afraid of their savings. He claimed that 12 to 14 billion euros are under mattresses and that businesses have another 10 billion euros abroad. …

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