MYR ASESORES | The Government approves the last section of the Guarantee Line, with priority for self-employed workers and SMEs, and companies in the tourism and automotive sectors

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The Government approves the last section of the Guarantee Line, with priority for self-employed workers and SMEs, and companies in the tourism and automotive sectors

01 Jan The Government approves the last section of the Guarantee Line, with priority for self-employed workers and SMEs, and companies in the tourism and automotive sectors

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16 June 2020

The Council of Ministers today approved the agreement by which the fifth and final tranche of the Guarantees Line is activated to guarantee the liquidity of companies and the self-employed.. This Line was approved by the Government last 17 March for a total amount of 100.000 million euros to face the economic effects of COVID-19 and is the largest mobilization of public guarantees for start-up companies in Spain.

Source:: Treasury News