Yesterday, Thursday, March 12, the Government of the Generalitat confirmed an extraordinary line of credit of the Institut Català de Finances (ICF) and the company Avalis, with the objective of providing liquidity to companies because of the current situation. This line of credit will have a value of 1 billion euros. 75% of the risk will be borne by the Generalitat.
“We will try to help in every way we can to meet the needs of companies,” said Quim Torra, president of the Government of the Government of Catalonia.
This is therefore a first shock plan to mitigate the economic effects of the coronavirus. In addition, The payment of the tourist tax for hotels has been canceled with the objective of deferring taxes due to liquidity problems, since revenues are falling and they have to continue to face the payment of fixed expenses, confirmed Vice President Pere Aragonés. In addition, the Minister for Labor, Social Affairs and Families, Homrani, has indicated that it is requested to quickly generate permission to allow people who care for children and dependent people to reconcile. Also, a package of measures to help with teleworking and internal flexibility to modify the schedules where possible. From Intelectium we will be informing you of all the grants and initiatives that arise from public instruments to mitigate the effects of the coronavirus. If you are a company and you want to analyze your fit with them, we will carry out the free diagnosis if you write to us at the email address info@intelectium.com.
