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Greece Announces Additional Support Measures in COVID-19 Plan

22 May 2020

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Approved Changes

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Greece

The Greek Ministry of Finance has issued a release on its four-phase plan for supporting and reopening the economy in light of the COVID-19 pandemic. The key points of the release concern the third phase, which is to begin implementation next week. These are summarized as follows: Continued support will be given for employment in relation to employment suspension and insurance contribution coverage, as well as other new supports for employment; Further support will be provided for the suspension of the payment of certified tax debts for the month of June for businesses that remain closed and businesses in tourism,...