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Entrepreneurs Win the Battle to the Government: the State Will Be Responsible for 80% of the Ico Covid-19 Guarantee
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The balance of responsibilities in loans backed by the State during the pandemic begins to be corrected in the courts. Five years after the launch of the ICO-COVID lines, the judges are beginning to agree with the small entrepreneurs who were forced to personally guarantee credits that they believed were guaranteed by the State in a proportion of 80%. The last ruling, issued by the Court of First Instance No. 60 of Madrid, has confirmed that the…
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