Guest
Lvl 0

0 / 0
to
Posted
5
Spain moves to slash rents for struggling bars and restaurants
https://www.reuters.com/article/us-health-coronavirus-spain/spain-moves-to-slash-rents-for-struggling-bars-and-restaurants-idUSKBN28W1RD?il=0
Spain moves to slash rents for struggling bars and restaurants
       
Post a reply.
3

This is the best tl;dr I could make, original reduced by 74%. (I'm a bot)


3 Min Read.MADRID - Spain passed a decree forcing landlords to slash rents for coronavirus-hit bars and restaurants by up to half on Tuesday and announced plans to distribute EU COVID-19 recovery funds via public-private partnerships.

Firms in the sector will receive tax credits against rent and will be able to defer other contributions, while property owners will receive tax incentives to lower rents.

After a devastating first wave of contagion, Spain rapidly tamed its second wave through a nationwide curfew and a patchwork of regional restrictions.


Extended Summary | FAQ | Feedback | Top keywords: Spain^#1 rent^#2 landlords^#3 bars^#4 announced^#5

12

Meanwhile in the US...“hey Stu, your rent’s due motherfucker”

Stats
Post Views: 53
Comments: 2

Upvotes: 5
Downvotes: 0

Decay Rate: 1
Current Score: 0
Top Score: 5
Top Post Tips
Top Comment Tips