Help for small businesses during COVID-19 times
29 Apr 2020
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Commenting on government measures proposed in Portugal, Paulo Loureiro, CEO of private equity investor Bondstone, says: It’s still early days but it would be fair to say that reactions to the proposed measures have been far from enthusiastic, given the legislative bill in its current form appears to asymmetrically favour tenants over landlords, nature of payments, they will only further contribute to overall levels of indebtedness.’ ‘Landlords would prefer to see the government held responsible as a joint guarantor for the debts of the tenants to the owners, which would help protect them from potential financial distress further down the line. However, we believe the current imbalances will likely be amended as further government policies are implemented to support the financial wellbeing and conditions of all parties.’
Read the whole article in Property EU.