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GR-iii.4 Support for industrial and commercial enterprises in border regions employing higher-education graduates
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3.3.4.GR-iii.4 Support for industrial and commercial enterprises in border regions employing higher-education graduates

3.3.4.1. Target group

Industrial and commercial enterprises in border regions

3.3.4.2. Legal basis

Law 1563/85, § 44

3.3.4.3. Contents

Wage-cost subsidy of 10% for skilled graduate personnel up to a maximum monthly salary of GRD 80,000. In order to be entitled to support under the programme, the enterprise must employ at least ten employees for each graduate employee supported.

3.3.4.4. Financial resources

Public Investment Programme.

3.3.4.5. Duration

Unlimited.

3.3.4.6. Effects

(Source: OAED Statistics Service)

Year Number of beneficiaries Expenditure (in GRD)
1996 413 33,808,210
1997 539 27,990,304
1998 194 25,752,960
b

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