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A heavy veil of uncertainty covers one European country after another, and the reaction to the rapid increase in coronavirus cases is almost common: travel restrictions, night shifts and even lockdowns, as in the case of Ireland or even the Netherlands.
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The decision, as the movements of the past week demonstrate, is to halt the pandemic wave now, in the hope that December Christmas will allow for relative relief, without epidemiological data siding with governments. International organizations are already updating their European recession forecasts, while the Commission is expected to react in November, where in the Autumn Forecasts it will have to “weigh” the slightly improved picture of the third quarter, with the “attack” of the coronavirus. in the fourth quarter of the year.
The deadline for submitting requests for the refundable advance expires
In Greece, the decision is to exhaust the restrictive measures to avoid the universal blockade. However, even local closures, as well as bans on the operation of shops and travel, exacerbate the market climate. The restaurant, for example, which has to close at midnight, sees its hours “cut back” again, as the curfew after 12:30 limits people’s options.
Also, the kiosks, which returned to the previous hours after midnight, have practically no purpose, since their rotation is actually nil due to the curfew. Taxis face a similar problem, as midnight traffic is practically eliminated.
The finance staff has decided to adapt the existing “tools” accordingly, to meet the requirements. Today, the deadline for submitting cash withdrawal requests through a refundable advance expires and the list is likely to reach 100,000 companies. The planning of the fourth phase has already begun, in which more than 300 to 400 million euros will be delivered as grants, that is, as a non-refundable advance.
Everything shows a mandatory rent reduction of 40%
Closer is the reinstatement of the mandatory 40% rent reduction measure, since in addition to the reluctance of the owners, those Regions that enter “deep red”, that is, at level “4”, there are automatically activates the corresponding measure. The “haircut” is not limited to the professional home, but covers the primary and student residence.
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In addition, the Ministerial Decision broadens the “umbrella” of contract suspensions for October, with coverage of contributions and payment of compensation of 534 euros to employees of companies that remain closed by decision of the Government or are affected. The list of affected activities is long, although there are objections to the absence of the retail core.
KADs affected in October
* Right to temporarily suspend 100% of your employees
- 01.49.19.02 Rearing of fur animals (foxes, minks, myocastors, chinchillas and others)
- 01.49.3 Manufacture of raw hides and skins of various sheepskins and hides and skins
- Manufacture of leather goods
- 15.11 Treatment and tanning of leather Processing and dyeing of leather
- 33.16 Repair and maintenance of aircraft and spacecraft.
- Wholesale of tanned or processed fur
- 46.42.11.29 Wholesale of clothing, clothing and other fur articles (except headgear)
- 46.42.11.40 Wholesale of semi-finished hides
- Wholesale of leather trimmings
- 46.90.10.06 Wholesale trade of various tourist articles and similar folk art
- 47.71.71.27 Retail sale of clothing, clothing and other leather goods (except headgear)
- 47.71.71.34 Retail sale of clothing, fur
- 47.78.89.04 Retail sale of various tourist articles and similar folk art
- 47.99 Other retail trade, except stores, open air stalls or markets
- 49.31 Urban and suburban passenger land transport
- 49.39 Other passenger land transport nec.
- 50.10 Maritime and coastal passenger transport
- Inland waterway passenger transport
- 51.10 Air passenger transport
- Air freight
- 52.21.29.02 Bus driver services (non-operator)
- 52.21.29.03 Third party urban land transport ticket sales services, retail
- 52.21.29.04 Wholesale services of urban land transport tickets
- 52.21.29.05 Interurban land transport ticket sales services by third parties
- 52.22 Activities related to water transport
- 52.23 Activities related to air transport
- 55.10 Hotels and similar accommodation
- 55.20 Holiday accommodation and other short-stay accommodation
- 55.30 Camps, leisure facilities and trailers
- 55.90.13 Wagon laying and sleeping services in other means of transport
- 55.90.19 Other accommodation services nec.
- 56.10 Restaurant and mobile catering service activities, excluding home delivery and take away products where table seating is not allowed or repaired.
- 56.21 Catering activities for events
- 56.29 Other catering services, except Meal services provided by military canteens (56.29.20.01), Services provided by factory or office canteens (56.29.20.03), Services provided by school canteens (canteens) (56.29.20.04), Services provided by restaurants for students (56.29.20.05)
- 56.30 Beverage activities, excluding delivery activities and take-out where the table is not allowed or served.
- 59.11 Cinematographic film, video and television program production activities
- 59.12 Activities that accompany the production of films, videos and television programs
- 59.13 Film, video and television program distribution activities
- 59.14 Film screening activities
- 74.20 Photographic activities
- 74.30 Translation and interpretation activities
- 77.11 Rental and leasing of automobiles and light motor vehicles
- 77.21 Rental and leasing of recreational and sporting goods
- 77.29 Rental and leasing of other personal or household goods
- 77.34 Rental and leasing of water transport equipment
- 77.35 Rental and leasing of air transport equipment
- 77.39.13 Rental and leasing services of motorcycles and caravans
- 77.39.19.03 Equipment rental services for exhibitions
- 79.11 Travel agency activities
- 79.12 Office travel activities
- 79.90 Other reservation service activities and related activities
- 82.30 Organization of congresses and fairs
- Sports and recreational education
- 85.52 Cultural education
- 88.10 Welfare activities without accommodation for the elderly and disabled, with the exception of Welfare services without accommodation for the elderly and disabled (KAD 88.10.10), as well as Visitation and support services for the elderly (KAD 88.10.10. 11).
- 90.01 Performing arts
- 90.02 Support activities for the performing arts
- 90.03 Artistic creation
- 90.04 Operation of show rooms and related activities
- 91.02 Museum activities
- 91.03 Operation of historic sites and buildings and similar visitor attractions
- 92.00.11 Board game services
- 93.11 Operation of sports facilities
- 93.12 Activities of sports clubs
- 93.13 Fitness facilities
- 93.19 Other sports activities
- 93.21
- Amusement park and other theme park activities
- 93.29 Other entertainment activities.
- 94.99.16.01 Services of cultural associations and unions
- 96.04 Activities related to physical well-being, except dietary services (96.04.10.01) and Services of dietary units (multifunctional units of exercise, aesthetics and diet) (96.04.10.02)
- 96.09.19.16 Decoration services for churches, halls, etc. (for weddings, baptisms, funerals and other events)
- Shops and businesses of all kinds that operate within the territory’s hotel units, hotel complexes and airports, as well as duty-free shops throughout the territory.
- 70.22 Business and other management consulting activities for companies engaged in business consulting and other management consulting exclusively for and for hotel accommodation.
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