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its Dimitra kadda
The Minister of Finance, Christos Staikouras, left open the possibility of extending the deadline for submitting applications for Refundable Advance No. 4 beyond Monday, when the corresponding deadline expires, speaking on Mega TV. He also announced the extension of the owner’s coverage in which there is a rent reduction with the return of 50% of the amount of the loss for the month of December.
For the heating subsidy, he repeated the expanded criterion, explaining that the platform will open in December so that citizens can receive at least 80 euros and for the mountain, which -as he said- there are big changes, from 600 to 800 euros. He also noted that there will be an advance in December.
The Minister of Finance, Christos Staikouras, has explained that the change in the government’s health decision to extend the confinement by 1 week entails the expansion of the measures with which it is connected, such as Refundable, suspensions, etc. He also did not rule out a new debt settlement of 100-120 installments, but made it clear that such decisions will be made later, depending on the course of the pandemic.
Refundable advance payment
For the payment of the Refundable Advance No. 5, he confirmed that it will be made in January, and said that the December data will be taken into account. He clarified that in the next cycle 50% of the amount will be a subsidy.
He confirmed that the return of Returnable 5 will not occur in December. This is because “December has already arrived and is being financed 4you He also noted that the measure will continue in 2021 with the total amount of support measures in 2021 currently reaching 7.5 billion euros.
He also noted that the December plan follows the plan in the field of health. “Until a week ago it was not clear whether the extension of the blockade for a week in December, now this extension changes the design of the entire package of support measures.” Not just the Refundable Advance, but also the suspensions and other interventions, he said. “Certainly the next Return will not include January, but the December data should include,” he explained.
He also confirmed that in the 5th cycle of the Repayment, 50% of the amount to be awarded will be a subsidy and not a loan. He explained that more than 5,400 million euros have already been allocated through the 4 cycles.
For the 4the Circle said that so far 380,000 companies have submitted applications for an amount reaching 1.9 billion euros. He explained that the application deadline is Monday and “let’s see how the process goes, we will continue to pay next week” but also in the first ten days of December, he said, since some of the companies will need more control than ΑΑΔΕ. “We will see if there is a need for an extension,” he said, explaining that “in previous Returns we gave an extension of a few days.” However, he explained that “the more you give him a few days of extension, the more it should be known that the payment terms are also transferred.”
YPOIK said that there are not many companies that have not yet entered the Returnable platform. He made it clear that the important thing is that “all these companies have committed to keeping their workforce until March 2021.” In the hope that then the situation of the Greek economy will be better.
“Today I have nothing to add,” said the Finance Minister when asked about a new debt settlement, and said that what has already been instituted applies. As for whether there will be a new regulation of 100-120 doses, he pointed out that “we cannot know how the dynamics of the health crisis will develop”, adding that “we follow the correct decisions of the government in the field of health” and ” we’ll see how they develop. ” “Health crisis in the coming months and we will react accordingly.”
He did not rule out the possibility of a new dose adjustment from 100-120, explaining that decisions will be made later depending on the course of the pandemic. He explained that the Ministry of Finance “is here as long as is needed and for what is needed” since “we have built cash” but “everything depends on the course of the health crisis and today I have nothing to add in relation to what we have announced. “After a month or four of analyzing the situation in the real economy, we will act accordingly. There is tremendous uncertainty globally. I can’t rule something out when I don’t have all the data. ”
YPOIK reiterated that the total support measures for this year and 2021 currently amount to € 31.5 billion, in an amount commensurate with the resources of the Recovery Fund. However, he noted that there is also fiscal flexibility in 2021, but there should be no fiscal derailment.
He described the support measures in force at the moment, noting that “we are intervening in all areas that the companies themselves asked of us without being the object of triumph.” Saying that obviously all the needs have not been met, and that “2020 will be a difficult year like the first months of 2021.”
He explained that “as restrictions on the economy expand or broaden, operating costs for the business will increase, so it is clear that for the real economy the cost of blockades will increase.”
However, he said that in the area of public finances, the economy is resilient “because this government has strengthened its cash resources with very low borrowing costs in the meantime so that we are ready to intervene while the health crisis lasts.” whatever it takes and for as long as it takes. ”
* Read more:
-Recoverable 4: Credit of 410 million euros to 97,662 additional beneficiaries
-Those who showed great interest in the Refund – Consolidated 5th-6th cycle with payment in January
– “Shake the Bank” Refund 4 – Amount increases to 2 billion
