The total amount of public funding for Catering and Tourism is increased to € 2.3 million.

Deputy Minister of Development and Investment Giannis Tsakiris today signed two decisions that increase the total amount of public funding received by the Catering and Tourism companies affected by the Covid 19 pandemic, as well as the extension of the implementation time of the Tourism Small and Medium Enterprises aid.

In particular, Mr G. Tsakiris’s first decision, the total amount of public funding to be taken by the recipient undertaking from these actions (SUIDANCE OF CAPITAL CAPITAL BY THE PRANCE OF TOURISM BUSINESS OPERATIVES AND CAPITAL CAPITAL APPLICATION IN FINANCIAL BUSINESS of the OP “Competitiveness, Entrepreneurship and Innovation (EPANEK)”, NSRF 2014 – 2020, combined with any other assistance it will have received, in the form of direct grants, tax and payment benefits or other forms such as repayable advances, guarantees and guarantees , in total nominal value, increases from 18/11/2021 by a maximum of € 1,800,000 to € 2,300,000.

With the second decision of Mr. Tsakiris that concerns the action “Support of Tourist SMEs for their modernization and the quality upgrade of the provided services” of the OP. “Competitiveness, Entrepreneurship and Innovation (EPANEK)”, NSRF 2014 – 2020, the deadline for completion of financed investments is extended to forty five (45) months and one hundred thirty two (132) days in total from the date of issuance of the Integration Decision by forty two ( 42) months and one hundred and thirty two (132) days in total from the date of issuance of the Accession Decision that was valid until recently. In case the deadline set above expires on a non-working day, it is extended until the first working day.

“With the two decisions of the Deputy Minister of Development and Investment, we increase the total amount of public funding for catering and tourism but also give more implementation time to strengthen the Small and Medium Tourism Enterprises”, said the Minister of Development and Investment, Adonis Georgiadis and added “With our action, this Government proves how much we are really interested in the restart of the Greek economy even in these difficult times.”

Source: Capital

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