First modification of the Action: RESTORATION OF TOURISM

The first amendment of the Decision on the Approval of Funding Applications has been published in the context of the Action: Working Capital Subsidy for Pandemic Affected Tourist Hospitality Businesses – RESTORATION OF TOURISM EPANEK, regarding the inclusion of eight hundred and seventeen (817) funding applications, with a total public expenditure of €38,378,900.52.

Small and medium-sized enterprises

i) The seven hundred and seventy-three (773) applications concern Small and Medium-sized Enterprises with a total Public Expenditure of € 24,084,065.35 and are co-financed by the European Regional Development Fund (ERDF) in the context of the European Union’s response to the COVID-19 pandemic.

With this amendment, the total projects included/co-financed in the Action amount to nine hundred and thirty-seven (937). The total Public Expenditure amounts to € 32,279,715.86.

ii) The thirty-seven (37) applications concern Small and Medium-sized Enterprises with funding over € 200,000.00, per business. The total Public Expenditure amounts to € 11,829,750.64. They are co-financed by the European Regional Development Fund (ERDF) as part of the European Union’s response to the COVID-19 pandemic.

With this amendment, the total integrated / co-funded projects in the Action amount to fifty-four (54). The total Public Expenditure amounts to € 17,373,860.13.

RESTART TOURISM – Big business

The seven (7) applications concern Large businesses with a total Public Expenditure of €2,465,084.53. With this amendment, the total projects included in the Action amount to thirteen (13).

The total Public Expenditure ineligible for co-financing (based on paragraph 2 of article 33 of Law 4314/2014) for Large Enterprises amounts to € 4,028,992.23.

With this amendment, the total projects included in the Action amount to one thousand four (1,004). The total Public Expenditure amounts to € 53,682,568.22. They will be funded by SAE 2021SE11910017.

Aid recipients are obliged to comply with the specific conditions resulting from the aid scheme, as well as the obligations arising from the ESI Funds Regulations and described in the Detailed Call for Action, as amended and in force.

The Recipients of the aid may submit a complaint exclusively through the PSKE, within an exclusive period of ten (10) calendar days from the receipt of the automated message, through the PSKE, to the declared e-mail address, in accordance with Chapter 11 “APPEALS PROCEDURE” of the Detailed Call of the Action “RELAUNCH OF TOURISM”.

See more detailed information about the action here.