The Legal Impacts of COVID-19 in the Travel, Tourism and Hospitality Industry

132 LEGAL IMPACTS OF COVID-19 IN THE TOURISM INDUSTRY Figure 6: Number of Arrivals/Overnights per Market/March 20209. 3. TEMPORARY MEASURES IN ECONOMY 3.1. General The Government has prepared a package of temporary measures intended to mitigate the negative effects of the COVID-19 crisis on the economy. The package includes, inter alia, deferred tax payments, support for the preservation of jobs and a moratorium on the payment of loans to development and commercial banks. Among other things, the measures include the securing of loans for liquidity and working capital and the establishment of a new financial instrument, the COVID-19 loans for working capital for small and medium enterprises. Finally, the measures apply to all departments in which there is a need for intervention, including the tourist and hospitality sectors. 9 Source: Hrvatska turistička zajednica (Croatian Tourist National Board): Informacija o statističkim pokazateljima turističkog prometa. March 2020, https://htz.hr/sites/default/files/202004/Informacija%20o%20statistickim%20pokazateljima%20-%20ozujak%202020-web.pdf.

RkJQdWJsaXNoZXIy MTE4NzM5Nw==