The Ministry of Industry Finalises an Aid Plan for Commercial Premises Similar to the one for Housing

20 April 2020 – Brainsre.news

The Ministry of Industry is in the middle of designing an aid plan for the tenants of commercial premises.

The Government is in the middle of designing an aid plan for the tenants of commercial premises. The Minister for Industry, Commerce and Tourism, Reyes Maroto, explained that “drafts have already been drawn up for this measure” and that the will “is to approve the aid as soon as possible because we know that rent represents a very important fixed cost”, in an interview with Expansión.

In fact, seven trade associations from the sector, including the Spanish Federation of Home Appliance Merchants (FECE), the Spanish Confederation of Commerce (CEC), the Spanish Association of Central Purchases (Anceco) and the retail, services and restaurant associations, Amicca, Acotex, Comertia and Eurelia, sent a document to the Government explaining their inability to cover certain expenses, such as paying the rent on commercial premises. They requested actions to alleviate the effects of the lockdown on their businesses.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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