A new package of measures was announced by the financial staff for business support, workers and freelancers. Regarding the Refundable Advance 1,2 and 3, it was announced that conditions are being improved. The non-repayable part of the aid will be determined based on the criteria of the companies' turnover loss in the first quarter of 2020. The exemption reaches up to 50%.
In this context for all companies that had the 2020 turnover reduction at least 15% is not returned 30%. Those who had a decrease in turnover at least 30% is not returned 50%. All new businesses that have started are not refundable 50% regardless of its turnover 2020. A necessary condition is the maintenance of jobs.
Source: enikonomia.gr
