Juanma Moreno Announces €660 Million Aid Package for Andalucía

Juanma Moreno Has Announced a €660 Million Aid Package for Andalucían Businesses and the Self-Employed.

The president of the Junta de Andalucía, Juanma Moreno, has announced an aid package of €660 million euros that will be allocated to the economic sectors affected by the restrictions imposed on Andalucía to face the Covid-19 coronavirus pandemic. The aid will come in the form of direct aid, guarantees loans, and indirect aid with tax reductions.

The Chairman of the Board hopes to implement “in the coming days” a formula that allows reaching “the largest possible number of people affected” by the economic effects of the pandemic and that will have three reference areas: 215 million euros through direct aid; 350 million euros for loan guarantees and 94 million euros through indirect aid- with the reduction of taxes.

Moreno showed his satisfaction for the attitude of collaboration and cooperation with the Andalusian Government of the business sectors and of the selfemployed in the community, pointing out that they have acted with “enormous responsibility in all the months that we have been in the pandemic.”

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Written by

Tony Winterburn

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