Almost every third small and medium-sized business took advantage of its measure refundable contribution paid off his debt in a lump sum, his earnings data for July show. Ministry of Finance.

In particular, according to information, in July, out of a total debt of 3 billion euros, 880 million euros were repaid at a time. In this way debtors received a 15% discount. This phenomenon, which is unexpected for the departments of the Ministry of Finance, shows, according to sources of financial personnel, that successive small and medium-sized entrepreneurs had to a large extent the financial flexibility to meet their obligations and fulfill them. The deadline expired on July 29, but a delay was granted for late applicants until the end of August. It is noted that of the 8.7 billion refundable advance, only 3 billion euros are returned.

In July, a lump sum of 880 million euros was paid out of 3 billion debts.

This reimbursement study is one of the elements that boosted July’s earnings that exceeded plan. The corresponding figures will be announced next week, but the finance minister Christos Staikouras Yesterday at the Open, he said that there is additional fiscal space in July and August. Clearly, tourism revenue plays a major role here.

Meanwhile, the European Commission yesterday approved the latest two rounds of €1.55 billion in refunds retrospectively, raising the total amount of the measure to €8.75 billion. He also approved the extension of the grace period and the number of payments, as well as the possibility of providing a discount in the case of a lump sum payment. The Commission considered this measure as state aid.