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Fluid that will reach 2 billion. Euros or just over 1% of GDP will receive from today and until next Friday around a million beneficiaries. Half will be loaned, as well as the so-called reimbursable advance payments to more than 90,000 companies, and the rest will not be reimbursable since they are related to extraordinary financial aid that occasionally ranges between 400 and 800 euros per person.
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How is the bill of two billion produced? euro and what is the exact payment schedule:
1. 480 million euros will be raised by the approximately 600,000 freelancers who are entitled, according to KAD, to the 800 euro subsidy not only for their employees but also for the employers themselves. As of yesterday, the correction was made and companies with up to 20 staff members are included..
2. 117 million euros will be shared by approximately 195,000 scientists who will receive the help of 600 euros each (only 17,000 have received a deposit of 400 euros which will be compensated)
3. A total of 165,000 long-term unemployed eligible for € 400 emergency aid will receive a total of € 165 million. 40,000 have been paid.
4. € 85 million is the cost of € 800 emergency aid to employees who have been suspended from April 11 to 20. There will be a third round of payments.
5. 128 million euros will be applied to the special categories of employees in which approximately 160,000 employees are classified, who are also entitled to 800 euros.
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6. Billion. Euros is the amount that will be distributed to approximately 90,000 companies through the refundable deposit process.
The payment schedule for this money, as of today, is as follows:
1. To the 686,000 employees who have already received the 800 euros, Starting today, 105,875 employees will be added to the suspension that, for the most part, they submitted their applications within the period of April 11 to April 20. The application cycle continues until April 30, while the payment of extraordinary financial aid to the approximately 160,000 employees of special categories is still pending (for example, cooks, waiters, etc.).
2. Freelancers and business owners who employ up to 5 staff members have until today to make their requests on my business support platform. The platform also accepts requests from approximately 45,000 companies employing 6 to 20 staff members after the corresponding amendment is published in the Official Gazette.
The goal is for the money to appear in the beneficiaries’ bank accounts before Thursday or, at the latest, next Monday, since the bank holiday of May 1 is also in the middle. As of yesterday, applications were submitted by 547,092 beneficiaries who have the relevant KAD (either as the primary KAD or as a KAD that generates the highest amount of income).
3. For the approximately 190,000 scientists who are entitled to the 600 euros, the Minister of Finance, Christos Staikouras, clarified yesterday that the data will be used by the Ministry of Labor platform. As he stated, there are already applications from approximately 168,000 beneficiaries and in the next few days the platform will be reopened for the latest interested parties to submit applications.
The money will be paid from April 30. However, the issuance of the relevant ministerial decision by the Ministry of Labor is pending.
4. For the allocation of 400 euros to the long-term unemployed, 40,000 payments have already been made to a total of approximately 168,000 beneficiaries. The application process will continue until 05/03, but in the meantime payments will be made based on the data collection rate, especially with respect to bank accounts (IBAN). The payment process is scheduled to complete before 05/06.
Regarding the flat-rate financial aid of the beneficiaries of the guaranteed minimum income with minor children, the additional amount of 100-300 euros (depending on the number of children) will be paid with the help of May.
5. Within the next 24 hours, the ministerial decision is expected with the criteria to grant the so-called refundable advance. Of the more than 135,000 companies that applied to receive low-interest loans directly from Taxis, about 90,000 companies will be beneficiaries, the finance minister said yesterday.
More than 40,000 companies that applied for the mybusiness support platform will be “reduced” as they showed significant profitability, as Christos Staikouras stated yesterday. The amount of the disbursement will depend on the size of the business, the number of employees, the damage caused in March due to restrictive measures (that is, something that will result from VAT refunds), but also on the number of employees. employees who have been suspended. Payment of loan amounts is expected to be made no later than May 6.
