Spain passed a decree on Wednesday morning forcing landlords all across the country to slash rents for COVID-19-hit restaurants and bars by up to half, and announced plans to distribute European Union COVID-9 recovery funds through public-private partnerships.
U.S. President Joe Biden Promotes COVID-19 Restaurant Aid Program
United States President Joe Biden on May 5 promoted a newly launched $28.6 billion COVID-19 restaurant aid program he described as “badly needed.” The Restaurant Revitalization Fund was established through the $1.9 trillion American Rescue Plan to help struggling restaurants, …