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International Internet Magazine. Baltic States news & analytics Saturday, 11.07.2020, 20:34

Estonian Hotel, Restaurant Association: EUR 25 mln won't save sector that has stalled

BC, Tallinn, 06.04.2020.Print version
Chairman of the management board of the Estonian Hotel and Restaurant Association Peter Roose said that the sector, which brought 160 mln euros in tax revenue to the state last year, has come to a complete standstill, and although businesses are anxiously awaiting the arrival of the 25 mln euros from the supplementary budget, this is far from the solution, informed LETA/BNS.

"We are in a poor state, but the message is not just to simply allocate more money," Roose said. "We hope that these funds will reach the grassroots level directly -- to businesses, because many will not be able to manage until indirect measures are implemented. There were 3,000 companies operating in the Estonian tourism sector before the crisis, for which, of course, this 25 mln euros is a fragile hope, but not a solution."

According to Roose, it is important that the government and the Riigikogu could have their rules of procedure processed democratically but effectively, and that the promised measures reach entrepreneurship without losing momentum.

"If one were to try to give any advice, then perhaps that we should all be as honest as possible right now. It seems to us from this industry, which has come to a complete standstill, that this supplementary budget will not be the last this year, and perhaps it would be necessary to take some more time and triple these specific measures in one go. When it comes to the use of the allocation, we are definitely in communication with the people of the Ministry of Economic Affairs and Communications and Enterprise Estonia and explaining our point of view," Roose said.

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