Greece Announces More Economic Support Measures Worth EU3.5b

Greece is extending existing, and introducing new, economic support measures worth a total of around EU3.5b, PM Kyriakos Mitsotakis tells lawmakers in Athens.

• State will extend payment of social security contribution for employees in furlough to end-Oct from end-July
• Businesses that have recorded a fall in their turnover of more than 35% in 1H 2020 compared with the same period last year won’t have to pre-pay taxes for 2021
• Extend social security payments by state for employees in furlough to end-Oct. from end-July, worth EU600m
• Seasonal businesses won’t pay social security contributions for employees in July, Aug. and Sept., worth ...