Shield for 400,000 jobs from April to …



[ad_1]

its Dimitra kadda

For at least 400,000 private sector employees, whose employers have requested a Refundable Advance No. 4, a protection shield is created for their positions, at least until April 2021. This is because retention of positions is explicitly defined in the conditions of participation. .

The increase in interest continues to be especially high in the 4th cycle of the call. It will officially accept applications until Monday on the platform https://www.aade.gr/mybusinesssupport, but today Finance Minister Christos Staikouras, speaking to MEGA today, did not rule out the possibility of a short extension. He referred to 380,000 grant applications based on data available on Saturday morning, with an amount to be awarded of 1.9 billion euros, which… is constantly increasing.

He also confirmed the change of course for 5the round, integrated with 6The, Determining the payment for January based on the billing decrease data and for the month of December, but also with the maintenance of the condition of a subsidy of 50% of the amount.

According to YPOIK sources, this unprecedented interest is attributed to a climate change in the health crisis due to the vaccine, but also to the fact that from now on 50% of the amount that will be allocated will not be a low-interest loan but a subsidy . The Ministry of Finance increased the budget (instead of the 1,200 million euros originally planned, now a ministerial decision sets the financing at 1,800 million euros). With the financial staff without finally ruling out that the budget reaches (or even exceeds) 2,000 million euros.

Statistics

It is observed that in the first round a total of 52,500 natural and legal persons submitted an application and distributed 602 million euros, in the second round there is a participation of 89,700 CIF that were distributed 1.26 billion euros and in the third round 101,430 CIF that was distributed 1,507 million euros

At 4the cycle, the data collected by AADE shows a large increase in interest from legal persons and individual companies with staff. The increase is, of course, connected with the ease that exists in 4the self-employed (with a subsidy amount of 1,000 euros unless they are closed by state order and receive 2,000 euros).

According to the information, based on the data to date, the interest of legal persons has doubled to 70,000 (from 35,000 who had submitted applications in previous cycles). There is also an increase of 20,000 interests of sole proprietorships with employees (in this category the number of those who have already applied has exceeded 80,000). In addition, 210,000 entrepreneurs have applied without staff so far. With the estimate of the executives of the Ministry of Finance that the number may increase to 280,000.

The 4th cycle stipulates that until December 31, 2021, an interest-free grace period is foreseen during which the beneficiary company is not obliged to return any part of the capital or interest. After the “refundable” part, it is repaid in forty equal monthly installments that earn interest. The benchmark rate for the loan amount is set at 0.74%.

Only in this cycle, the decrease in billing is not calculated cumulatively, but only in the course of September and October 2020. Furthermore, the limit for decrease in billing is 20% instead of 10%. But this criterion does not apply to companies with restrictive measures (closure) or to those that have been affected by bad weather “Janos” that are included regardless of the turnover. As of the 5th cycle, the deduction measure of the amount granted in the previous cycle begins again (4th in this case). The amount of aid is determined by default on the basis of the decline in turnover and the number of suspended employees.

[ad_2]