New Employment Subsidy Programme of Up to 90% for Mountainous and Remote Areas
A new subsidised employment programme for employees residing in mountainous and remote areas of Greece has been announced by the Ministry of Labour and Social Security.
The new initiative aims to support employment in regional areas while providing businesses with a significant incentive to create new jobs through remote working arrangements.
What does the new programme provide?
What does the new programme provide?
- employment will be carried out remotely,
- the subsidy will cover 90% of salary and social security contribution costs,
- the subsidy will be provided for a period of 12 months,
- the programme will apply to businesses hiring employees who reside in mountainous and remote areas.
The initiative is designed to enable employees to remain in their place of residence while working remotely for businesses, reducing the need to relocate or commute to major urban centres.
A significant incentive for businesses
The coverage of 90% of salary and social security contribution costs for a period of one year could provide a significant incentive for businesses planning new hires and offering positions that can be performed remotely.
At the same time, the initiative aims to connect businesses seeking new talent with efforts to strengthen employment and economic activity across Greece’s regional areas.
Detailed call for applications expected
The programme is currently at the pre-announcement stage. The official call for applications is expected to provide detailed information on eligibility requirements, eligible businesses and employees, the geographical areas covered by the programme, the maximum subsidy amount, and the application procedure.
Businesses interested in taking advantage of the new initiative are advised to monitor the relevant announcements so that they can assess their eligibility and prepare in good time.
AFS is closely monitoring developments and will provide an update on the detailed terms, eligibility requirements and application procedure as soon as the official call for applications is published.
