The Government of the Canary Islands announced this Thursday a first line of aid for companies in the municipalities affected by the Tenerife fire through consumer bonds. The Canarian vice president, Manuel Domínguez, has assured that this is a measure to “alleviate the situation” after what “SMEs have gone through in recent weeks” after holding a meeting with the president of the Federation of Urban Areas of the Canary Islands ( Fauca), Abbas Moujir.

The Tenerife fire keeps two roads closed while the damage balance reaches 80 million euros
Further
The objective of the meeting was to “agree on the strategic lines” of the Ministry of Economy, Industry and Commerce for the next four years. At this meeting, the Minister of Economy, Industry, Commerce and the Self-Employed also conveyed the intention to redefine, among other actions, the Open Commercial Zones as spaces not only for commercial activity, but also for experiential tourism. For Domínguez, commerce has to be “a pillar for development and competitiveness” in the Islands, so these measures aim to “achieve a robust, modern and job-generating commercial sector.”
The president of Fauca valued the measures proposed by the vice president and urged him to continue working to boost the sector. Also, he asked Domínguez for the continuity of consumer bonds as a strategic line of aid to the sector, “given the good performance that this initiative has had in recent years,” he concluded.