Which firms deserve rent reduction

The Finance Ministry reached a decision on Tuesday as to which enterprises have been hurt by the pandemic and deserve a 40% discount on their rent for September.

The decision signed by Deputy Minister Apostolos Vesyropoulos concerns enterprises in the sectors of transport, food catering, tourism, culture and sport, while the list further includes professionals involved in the production, manufacturing and sale of furs.

The ministry has also determined which other enterprises hurt by the pandemic can negotiate a rent reduction of at least 30% with their landlords for September. They include corporations in a large section of commerce, such as the fields of cosmetics, advertising, apparel, flowers, gifts, and the trading of food, drink, tobacco and textile products.

In cases of both mandatory and voluntary rent reductions, landlords will qualify for a tax...