At 4,991 the projects included in the action for the Restart of Tourism

The 4th amendment of the decision approving funding applications was published in the framework of the action “Subsidy of Working Capital Affected by the Pandemic of Tourism Hospitality Enterprises – RESUMPTION OF TOURISM”. The decision concerns the additional inclusion of 1,637 applications for funding, public expenditure 57,547,970.57 euros. In particular: a) the 1,565 applications concern small and medium enterprises with a total public expenditure of 34,670,110.59 euros, b) the 59 applications concern small and medium enterprises with financing over 200,000 euros per enterprise, public expenditure 19,136,530.46 euros and c) the 13 applications concern large public expenditure companies 3,741,329.52 euros.

With the amendment, the total projects included in the action amount to 4,991 and the total public expenditure is set at 196,554,371.01 euros. The Action is funded by the Union’s response to the COVID-19 pandemic

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Source From: Capital

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