All autonomous communities, except for Basque Country, Navarra and the autonomous cities of Ceuta and melilla, have already signed the agreements that regulate collaboration to launch direct aid from 7,000 million destined to freelancers and companies affected by the coronavirus pandemic.
This has been advanced by the Second Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calvin, during his speech this Thursday before the Plenary of Congress, where he defended the royal decree approved by the Executive to extend the list of sectors and companies that can benefit from this line of aid.
The minister has also indicated that the Government has already transferred the corresponding part of the resources to Extremadura, Castilla-La Mancha, Community of Madrid, Castilla y León, Asturias, Galicia and Valencian Community, and in the coming days the disbursement will be made to Catalonia, Murcia, La Rioja, Andalusia and Cantabria.
On April 15, the Ministry of Finance sent the autonomous communities the agreements that regulate collaboration to launch the 7,000 million direct aid that the Executive approved for the self-employed and companies affected by the coronavirus pandemic, and asked to process the signing of said agreements as a matter of urgency, although without establishing a deadline for their signature.
Expand to more sectors
The Government approved in March the aid plan for companies and the self-employed affected by the crisis equipped with € 11 billion for direct transfers, recapitalizations and debt restructurings, which included a list of 95 beneficiary sectors, as well as certain requirements for access to aid.
However, in April, the Government gave the green light, through another royal decree, to the possibility that the communities could include new sectors especially affected in their territories, such as footwear and wine in some regions. of “viable” companies that would have recorded losses in 2019 due to “Exceptional circumstances”.
As an example of an exceptional circumstance, the minister pointed out the impact of the bankruptcy of Thomas Cook en tourist companies and particularly in the Canary Islands and the Balearic Islands.
Debt deferral and splitting
In the decree defended this Thursday by Calviño, the Government also included a measure to guarantee the liquidity of the companies and expedite the postponements and installments of non-tax or customs debts that are processed in the Economy and Finance delegations.
In other words, the measure will affect debts derived from the repayment or the reebursement of aid or loans that are granted by the General State Administration (AGE) and are distributed from the territorial scope in the corresponding delegations.
It will also affect debts whose collection management corresponds to the delegations of Economy and Finance or to those that are in a voluntary payment period or that are postponed or divided previously.
For this type of debt, the Delegations of Economy and Finance have been empowered to grant a grace period of up to two years for the payment of non-tax obligations and a subsequent splitting of the debt of up to two years.
Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.