{"id":23854,"date":"2020-05-05T17:05:56","date_gmt":"2020-05-05T14:05:56","guid":{"rendered":"https:\/\/investsofia.com\/en\/?p=23854"},"modified":"2020-05-07T15:58:38","modified_gmt":"2020-05-07T12:58:38","slug":"sofia-municipality-presents-first-package-of-measures-in-support-of-businesses-most-affected-by-covid-19","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/sofia-municipality-presents-first-package-of-measures-in-support-of-businesses-most-affected-by-covid-19\/","title":{"rendered":"Sofia Municipality Presents First Package of Measures in Support of Businesses Most Affected by COVID-19"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-23855 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020.jpg\" alt=\"\" width=\"394\" height=\"250\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020.jpg 2974w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-300x191.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-768x488.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-1024x650.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-600x381.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-230x146.jpg 230w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Sofia-may-2020-118x75.jpg 118w\" sizes=\"auto, (max-width: 394px) 100vw, 394px\" \/>The Sofia Council approved the first package of measures in support of some of the most severely affected businesses by COVID-19. The measures include:\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The establishment of a guarantee fund of 1 million leva which will allow banks to issue guarantees on loans to self-employed people and SMEs affected by the crisis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; securing up to 50% of the principal sum of the loans up to 50 000 leva.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; <\/span><span style=\"font-weight: 400;\">Sofia Municipality will announce a competition for the election of a financial intermediary to provide additional guarantee loan coverage.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; the guarantee limit will be up to 300 000 leva &#8211; thus guarantees may reach 80%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exemption from:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; street trading license fee of owners of business premises and restaurants that were closed due to the COVID-19 crisis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; rent from traders, tenants of municipal property for the time their premises have been closed due to COVID-19.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Rent discounts for municipal tenants who have been working but are facing a decline in their turnover compared to the same period last year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; 50% discount at a 50%+ drop<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; 20% discount at a 20%-50% drop<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(The measures apply to all tenants of municipal trade premises. They should show a proof of the\u00a0 decline in turnover <\/span><span style=\"font-weight: 400;\">\u2013 <\/span><span style=\"font-weight: 400;\">a declaration and accounting documents).<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The measures that have been voted upon are in support of the family- and medium-sized businesses in Sofia and include additional instruments in support of artists, cultural institutions, and municipal polyclinics.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; The Sofia Council approved the first package of measures in support of some of the most [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":23855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/23854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=23854"}],"version-history":[{"count":0,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/23854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/23855"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=23854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/categories?post=23854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/tags?post=23854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}