ECONOMY

Disbursement of rental cut compensation starts Monday

disbursement-of-rental-cut-compensation-starts-monday

On Monday the Finance Ministry will start crediting the bank accounts of landlords with the amount of 50% of their November 2020 losses resulting from the mandatory reduction of rents paid by businesses shut or seriously damaged by the measures against the pandemic. 

In February the state will disburse an amount corresponding to 50% of their December 2020 losses as well as 80% of their January 2021 losses.