Extension of house and commercial rent support approved

in News, Business · 17-06-2021 11:49:00 · 0 Comments

The Economics parliamentary committee has approved the extension of support for housing and commercial rents until the end of this year.

It follows a proposition from the Left Bloc (BE), to face the difficulties caused by the Covid-19 pandemic.

It was also approved that support will also be given even without a written contract as long as there is proof of a lease agreement.

However such situations will be reported to the Public Ministry and the Tax Authority. Support will also cover individual business-owners as well as businesses that have changed location due to the effects of the pandemic.

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