The 4 features of the new first auction home protection framework



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By Dimitra Kadda

Finance Minister Christos Staikouras described the four characteristics of the new scheme for protecting the first house from auctions to be announced within a week, speaking on ANT1 TV. Nor did it rule out the possibility of reducing the advance tax and applying other tax cuts. However, he explained that this would be decided much later, in the second half of the year, depending on the course of the economy. He also did not rule out reducing the burden on the real estate market.

He also announced a Social Tourism program planned by the Ministry of Labor, announcing that he had blocked the € 1 billion Refundable Deposit and described the full payment schedule for the next few days, which completes the first phase of the measures.

The 1st house

At the end of the week, there will be government announcements on the protection of the first house, said the Ministry of Finance, explaining that it will have the characteristics of social justice, but also the maintenance of the payment culture in the country. “I appeal to citizens,” he said, as they show responsibility in their daily lives, in paying their tax and insurance obligations, “to maintain the culture of payment.”

It was mentioned in a Protection Framework with 4 characteristics:

* will refer to low-income groups

* strategic defaulters, “those who can pay and do not pay” will come to light.

* will demonstrate great protection and respect for citizens who were consistent but due to the crisis cannot fulfill their obligations and

* will maintain the payment culture.

Payments for the following days.

Finance Minister Christos Staikouras described the payments for the following days:

* The way to distribute the prepayment of a trillion euros to 90,000 companies, out of a total of 138,000 that requested, was closed. Approximately 35,000 of them have no employees and more than 50,000 have from 1 to 20 employees.

* Today, 800 euros will be awarded to 105,853 citizens suspended from work.

* On Thursday, 600 euros will be paid to 150,000 scientists and another 200 will be delivered to the scientists who had gone for 400 euros.

* Until Friday, the platform opens and closes at the Ministry of Labor so that both independent workers and scientists who had not declared in the first phase can declare.

* Next week, employees of special categories like actors, guides, builders, etc. are paid.

* The freelance platform closes tomorrow and “we are trying to lend about 600 euros to our 600,000 compatriots”, although it is not ruled out that the payment will be made next Monday.

Criticism in the EU

The total package of measures will amount to 24 billion euros, the Ministry of Finance reiterated, explaining that it summarizes fiscal measures and liquidity measures. They will be found by government agencies with liquidity problems, market outlets and European resources. “Unfortunately, these schemes are being built but there is no disbursement of resources from Europe to any country,” he said, criticizing Europe. “Right now we are going our own way, hoping that all of these schemes will cover the costs,” he said.

He made a special reference to SURE that “we are ready to legislate but it has not yet been legislated at the European level” and will allow the employer to have the employee for a few hours and the rest to be financed by the state.

Regarding the companies affected and regarding the Easter gift, he said that “during the part of the days that we close as a State or that this part is affected, it will be paid by the Greek state” until the summer. He also reiterated that the state will cover 800 euros for those who remain suspended.

For companies that are opening but are not requesting the return of all employees, he said there can be no case of dismissal. There is only one case of keeping the employee suspended and this part “will be completely covered by the Greek state.”

Income – advance tax – Social tourism

Regarding the extension of reduced income, he said that “we will see the rate at which the market will open and, respectively, the Greek State will come to help”, while on the owners’ side there will be a government initiative with regarding your tax obligations ”that will arise in the next period.

He noted that across the EU there will be a similar discussion on the deviation from fiscal targets for the coming years, talking about the escape clause that comes into force. He also noted the decisions that are made at the EU level. that the government is written with the objective of emphasizing subsidies and not lending so as not to load the debt.

Regarding the fiscal advance, he said that “it is not something that is currently announced or that has been discussed with institutions or partners so that I can take a position, it is something that concerns the second half of 2020.” He added: “I want to tell you that we have this and many other measures in mind. The goal is to make the right policies at the right time, realizing the reality and problems of society.”

He explained that previously “it is very important to see how some sectors of the economy will be very important in the coming period, for example tourism, the primary sector, maritime transport and aviation.” To assess the extent of the problem with a very good impression.

When asked if there is a plan for social tourism to boost internal tourism, the finance minister said: “Yes, the Ministry of Labor is in a hurry with our thoughts.

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