The Ministry of Labor and financial institutions agree to advance unemployment benefits
The banking associations AEB, CECA, and UNACC have signed a collaboration agreement with the Ministry of Labor and Social Economy (MTES) and the State Public Employment Service (SEPE), allowing credit institutions to advance unemployment benefit payments to individuals affected by the current health crisis. The ultimate goal of this agreement is to alleviate the negative impact this situation may have on the disposable income of those affected and thus help mitigate the consequences of the COVID-19 crisis on the most vulnerable groups.