China News Service, December 6, According to a report from the Greek “China Greek Times” on the 6th, Greek Finance Minister Stekulas recently stated that all current emergency tax cuts, permanent tax cuts approved before the outbreak, and low The interest rate national loan program, etc., will be extended to 2021.
According to reports, Stekulas stated that the Greek government has granted 3.4 billion euros in loans to 150,000 companies.
Stekulas said, “As of this week in 2020, we have issued a total of 24 billion euros. In 2021, we will issue another 7.5 euros, totaling approximately 31 billion to 32 billion euros. Funds received from the Next Generation EU Fund."
He added: “These support measures will be obtained through Greece’s cash reserves, European resources (SURE program) that have already been launched, and through our market offensive at very low borrowing costs.”
Stekulas added that the VAT reduction policy will continue to apply until April 2021, and all permanent tax reduction measures will be voted and implemented before the end of the epidemic.
He also added that an amendment on landlord compensation is about to be submitted for discussion, "the money will not be taxed or confiscated." As for whether to extend the 50% compensation policy for homeowners, Stekulas said it would not be ruled out. One is possible, but it depends on the specific economic situation.
Finally, Stekulas pointed out: "The debts suspended due to the epidemic will be completed in 12 or 24 installments after April 2021, but the interest rate is very low or no interest at all."
This part of the debt mainly involves arrears in November 2019 or later. Anyone who is excluded from the debt arrangement can enter this framework, and the bank will extend the loan arrangement to 2021.
(Zhang Wei)