“BRIDGE” Program: At the end of the month the payment of the subsidy

The “BRIDGE” program of the Greek Government was approved today by the Directorate General for Competition of the European Commission (DG Comp). The approval paves the way for the payment of the state subsidy to the beneficiaries to start at the end of the month. with the rules of the European Union on state aid. He also pointed out that the “BRIDGE” program focuses on non-performing loans, but also covers borrowers with non-performing loans. The payment of the state subsidy to the borrowers of the “Bridge” program starts at the end of November. The submission of applications to the “Full GEF” program success, on October 31st. The total number of applications amounted to 160,467. Their elaboration is in progress and at the end of November the payment of a significant number of subsidies to eligible citizens is planned. Those borrowers who have applied, can be informed about its progress, through the electronic platform of the Special Secretariat for Private Debt Management /www.keyd.gov.gr/covid19-gefyra/).As the Ministry of Finance states in a press release: “An important step, to start the disbursement of funds from the State Budget to the vulnerable borrowers affected by the coronAio, now, take place. The Government will continue to implement policies with economic efficiency and social justice “. Follow it on Google News and be the first to know all the news See all the latest News from Greece and the World,

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