Image default
Greek News

PM Mitsotakis announces €3.5 billion support measures for economy

Greek PM Kyriakos Mitsotakis announced a series of measures to support the economy responding in Parliament to a question submitted by Fofi Gennimata during the PM’s hour on Friday. The measures amounted to 3.5 billion euros to support workers and businesses.

As the Prime Minister announced:

– We are scratching the advance tax for businesses whose turnover in the first half of the year is 35% lower than that of 2019

– For other companies, it will range from 30% to 70%

– We are scratching the advance tax for seasonal businesses. That is, those which record at least 50% of their turnover in the third quarter of the year

– The 50% advance payment will be paid by those professionals who are not required to submit VAT

– We are launching the 3rd round of a refundable advance payment of 1 billion that will concern both sole proprietorships and those without a cash register.

also read 

PM Mitsotakis at Hellinikon: More than 80,000 jobs to be created

Greeks entering UK to be quarantined for 14 days under Covid-19 rules

 

Σχετικα αρθρα

Zara to close 1,200 stores worldwide

admin

Bulgaria, Greece sign contracts for gas inter-connector pipeline

admin

“Greek Saga” ends with the closing of IMF’s office in Athens

admin

Greece borrows with negative interest rate

admin

Brent jumps $3 after US kills Iran’s Soleimani

admin

Coronavirus Fears Wipe Out 2020 Stock Market Gains (infographic)

admin

Greece still at EU-28 average in tax revenues-to-GDP despite high rates

admin

Instagram vs. YouTube vs. Facebook: Which is the best for marketing? (infographic)

admin

NY Stock Exchange suspended due to oil prices and coronavirus

admin

Coronavirus could mean back-to-back shocks for Turkey

admin

Greece: State raises € 3 billion via new ten-year bond

admin

EC approves Covid-19 €1.14 billion support funds for Greece

admin

Piraeus becomes top container port in entire Mediterranean

admin

Eurozone GDP records historic 12.1% drop in Q2

admin

Greek retailers stretch Black Friday into a week-long affair

admin

Exxon Mobil suspends drilling activities in the Cypriot EEZ

admin

The US exports more oil than Saudi Arabia

admin

Athens Stock Exchange opening: Big rise

admin