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Government outlines emergency plan for Spanish businesses after Thomas Cook collapse
03 October 2019 @ 13:57

The acting Minister of Industry, Commerce and Tourism, Reyes Maroto, has announced that the Government has approved the extension of 50% discounts in Social Security contributions for fixed contracts in the months of October and December after the collapse of tour operator Thomas Cook.

This measure, designed to promote employment, will be extended to all new contracts in the Canary Islands and the Balearic Islands, will take be tabled at tomorrow's cabinet meeting, which aims to address problems arising from the collapse of the Thomas Cook travel empire.

These discounts are already in place for the months of February, March and November, and with this proposal the government seeks to make an extension to incentivise continous employment in seasonal occupations.

"There will be more employment measures to come," said Maroto, who stressed the importance of keeping tourist sector workers in employment after the fall of the tour company.

Another matter to be discussed tomorrow will be the need to talk to other airlines "as soon as possible" in order to mobilize the volume of visitors that has been lost as a result of the Thomas Cook crisis.

On Tuesday, after meeting with the Minister of Tourism, Industry and Commerce for the Canary Islands, Yaiza Castilla, British airline and its tour operator Jet2holidays announced that they will offer 168,000 additional seats between the United Kingdom and the Canary Islands after the recent bankruptcy of Thomas Cook.



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