The European Commission today gave the “Green light” for the support program that will strengthen tourism businesses.
At the same time, Prime Minister Kyriakos Mitsotakis will have a meeting today at 14:00 with representatives of tourism companies, on the subject of the announcement of the government’s plan for the implementation of a special state aid regime.
This will take the form of a working capital grant to cover operating expenses during the first months of their restart.
The total amount of aid to be given to companies amounts to 425 million euros, of which 350 will come from the NSRF and 75 million euros from the Public Investment Program.
According to information, the amount of aid will correspond to 5% of the turnover of 2019, while the maximum amount of support has been set at 400,000 euros per VAT number.
A necessary condition for joining this action is the reduction of the turnover recorded by each company in 2020 is greater than or equal to 30% of the corresponding turnover of 2019, while each company in 2019 is required to employ at least one employee for 12 months.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign
Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00
Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.
Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today
![Τουρκία: Μεγάλες βλέψεις για παραγωγή ηλεκτρικών οχημάτων [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/03/ot_turkish_autos-90x90.png)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
