General national economic measures
*small business relief or other financial support
*income support for employees
* income support for freelance workers
*employer social security payment holiday
*loan repayment holiday
*tax returns and or VAT returns suspended/delayed
-Slovenia put in place two economic stimulus packages for a total of €4bn (around 8.4% of GDP).
-Tax deferrals for up to 24 months or tax payments in installments in 24 months.
-Wage subsidies for suspended workers due to closures related to the crisis.
-€600m worth of government guarantees and credit lines for financial support to affected business, especially SMEs.
-Co-financing of social contributions.
-Temporary basic income for the self-employed.
-20% reduction in electricity prices.
-Affected firms and individuals can also obtain loan repayment deferrals for up to 12 months.
More information here.
In May 2020 the government adopted a third economic stimulus package, worth €1 billion (2.2% of GDP), which featured subsidies for shortened working time, vouchers for citizens to spend in tourism facilities around the country, and favourable liquidity loans. Further precautionary measures were adopted in July and in September in preparation for a possible second wave of the pandemic. The latest measures include extension of the furlough scheme until year-end for all industries, reversing earlier plans to confine the measure to the sectors worst hit, but with a stricter eligibility criterion, of at least a 30% drop in turnover compared with last year. (source)
25 September: The government announced a new round of stimulus measures to support the economy. It extends the furlough scheme until the end of 2020 and introduces a universal basic income for self-employed that have to self-isolate due to COVID-19. Stricter eligibility criteria will apply for furloughing scheme: Businesses will have to demonstrate a COVID-related loss in turnover of at least 30%, up from 10%. Self-employed with a turnover decline of over 30% compared to last year can apply for a universal basic income. Self-employed can also apply for EUR 250 a month in case they have to self-isolate due to COVID-19. (source)
National measures specific to the music sector or to culture in general
No specific measures but music companies can benefit from some of the measures mentioned above. Music companies can get subsidies for workers who cannot work due to the crisis (applicable only if their income fell from 20% or more compared to 2019). Self-employed can get 'temporary basic income' from October to December (1100 eur) if their income fell from 20% or more compared to 2019.
Measures taken by local collecting society organisations
The Slovenian IPF publicly called on all operators who were prevented from carrying out their activities due to restrictive measures related to Coronavirus (SARS-CoV-2) in early September to submit an application for distribution and disbursement of funds from a dedicated fund. IPF also offered the possibility of a one-off emergency social assistance if they found themselves in a difficult social situation or severe financial distress due to an emergency situation related to the coronavirus.
The IPF management, after reviewing and verifying all accepted applications distributed the dedicated fund (here) to more than 250 contractors who met all the required conditions. According to their information, this is the first and also the only financial aid in Slovenia intended directly for musicians. (source)
Other music fund available
Fund for financial support for musicians established by SIGIC (Slovenian Music Information Centre): http://www.sigic.si/?lang=en
Support from online services
No specific support for Slovenia so far. For more initiatives by online services, click here.
Support from national radio and other media
National radio (Val 202) has established #StayHome concerts broadcasted live (3-4 shows per week).
Social media and other campaigns to promote music during the crisis
None so far
Business and other expected losses
The live sector is heavily impacted and this has an impact on the whole value chain.
For more info:
RUNDA - Regionalna udruga nezavisnih diskografa - http://runda.online/contact/