NOTE! This site uses cookies

By continuing to browse the site you are agreeing to our use of cookies. For more detalis, see Read more

Accept

What are you looking for?

Catalonia pledges 50% rent reduction for businesses closed in anti-Covid push

Government promises relief aid for bars and other establishments

SHARE

20 October 2020 12:20 PM

by

ACN|Barcelona

The Catalan government has pledged rent reductions of up to 50% for bars, restaurants, and other businesses ordered to close or affected by measures to curb coronavirus contagion.

The Catalan executive says that the new decree will either grant a 50% discount for businesses that have been closed down, like bars, restaurants, or massage parlors, or a proportional deduction if restrictions only affect their opening hours, like 24/7 stores that now must close at night.

While prioritizing agreements between landlords and tenants, the decree will provide a safety net if they fail to reach one after a month of negotiations.

The decree is expected to be approved by the Catalan government on Tuesday, but cabinet sources say a new law will also be needed within two years that allows rent contracts to be renegotiated if there are "unexpected changes of circumstances."

SHARE

  • A restaurant owner in Vilobí d'Onyar stacks chairs and tables as both indoor and outdoor dining areas must remain closed (by Xavier Pi)

  • A restaurant owner in Vilobí d'Onyar stacks chairs and tables as both indoor and outdoor dining areas must remain closed (by Xavier Pi)

RELATED