Greece to Announce New Support Measures for Businesses

ATHENS — There will be soon a new package of support measures for businesses, Finance Minister Christos Staikouras and Shipping and Island Policy Minister Giannis Plakiotakis said on Monday, while participating in the board meeting of the Piraeus Chamber of Commerce and Industry.

According to a statement from the chamber, "the two ministers analysed the measures already taken to support employees and companies, and stressed that there will soon be a new package of support measures for companies," while the chamber requested the introduction of an additional package of targeted measures in sustainable businesses affected by the pandemic.

Staikouras underlined that "for 2021 we had budgeted measures to support employees and companies amounting to 7.5 billion euros and the measures have already exceeded 11.6 billion euros, while the [cost of all] measures that have been taken so far amounts to 35.6 billion euros.


ATHENS - While Greeks pay income taxes up to 45 percent the government is going ahead with plans to tax multinational companies in the country at a rate of 15 percent, anticipating it will bring in 80 million euros ($86.

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