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A Christmas present is expected to be delivered to healthcare workers.
The increase in cases, as everything shows, leads to the extension of the closure, a development that automatically extends the emergency support measures for employees and companies that have been taken for November and next month. According to the information, the cost of the measures in December will approach 1,500 million euros and together with what was announced in the previous days it will approach 4,800 million euros for the November-December two-month period.
In the month of Christmas, a subsidy of insurance contributions for suspended employees, “freezing” of regulations and VAT, “deduction” of income and special purpose compensation will be applied.
In addition, it is expected to deliver a Christmas gift to health workers, while it will support households that were not adequately covered by previous months’ packages, with information indicating that this category includes self-employed and private sector employees. . Especially for the latter, one of the scenarios that is being considered is the coverage of the Christmas gift on the nominal salary of those who have been found or remain on suspension from work.
As for health workers, it is very likely that they will strengthen themselves with a Christmas gift, as happened at Easter. If the same model is applied for Christmas, for the approximately 114,000 employees of hospitals, EKAB, EODY and Civil Protection, about 150 million euros will be required.
The December action agenda includes:
• Granting the monthly allowance of 800 euros to suspended employees, in proportion to the suspension time. It should be noted that for the three weeks of quarantine in November, the total cost for the budget amounts to 890 million euros.
• Suspension of VAT payment until April 30, 2021 for businesses that will remain closed. The debt will be amortized in 12 installments without interest or in 24 with an interest rate of 2.5% as of May 2021. Likewise, the debts regulated with the State will be “frozen”, which will be transferred to the respective installments at the end of the 12 or 24 dose adjustment. The loss of income for the State is estimated at 300 million euros.
• Mandatory 40% “cut” of rents for suspended companies and employees with a credit of 50% of the losses in the bank accounts of the owners. The measure will apply to commercial properties, the first residence and student housing, with a charge to the State of 30 million euros.
• “Freeze” for 75 days of check payment. According to information, from November 6 to the end of the year all values, such as checks, bills and bills of exchange, with payment date from 11/6/2020 to 12/31/2020, issued by companies or professionals, obtain a 75 day extension. The measure affects all companies that were closed by state order and those with a turnover drop of more than 50% in the April – September period.
• Financial support to vulnerable households. Those who receive a guaranteed minimum income and those who are suspended are eligible for financial assistance. It is also possible that the State will cover the Christmas gift in the nominal salary of those employees who are suspended. In planning there is also the strengthening of health workers who are on the front line with unprecedented situations.
• Regarding the suspension of the auctions, the information indicates that it will be extended beyond December 31, with a special provision prepared by the Ministry of Justice.