Refundable deposit: Breath in business with 4th and 5th round



The Ministry of Finance gives a new “breath” as it grants a repayable advance payment of 4 as well as 5 to companies. In addition, a 5th refundable deposit will be granted in December, based on the fall in turnover and in November. In both new Refundable Advances, 50% of each aid is non-refundable. regardless of whether they employ employees or have a cash register, provided that they show a reduction in turnover of 20% and have a minimum reference turnover of 300 euros. Especially companies that have closed or are closing by state order in October and until November 10, are eligible to participate in the Refund Advance payment 4, regardless of their turnover, if they have a minimum reference turnover of 300 euros. Read also: Allowance of 534 euros to employees who go on suspension Also new companies are eligible to participate. Euros in the Refundable Advance Payment 4 and up to 1.00 0 euros in the Refundable Deposit 5, taking into account the mathematical formula. For the rest of the companies, the mathematical formula is valid, with a minimum of 1,000 euros. Especially for the companies that have been suspended or will be suspended by state order in October and until On November 10, in the Refundable Advance Payment, the individual companies without employees will receive a fixed amount of 2,000 euros regardless of the mathematical formula, and for the other companies the mathematical formula is valid, with a minimum of 2,000 euros. Follow it on Google News and find out first all the news See all the latest news from Greece and the world, at



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