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RESTAURANTS AND HOTELS OF SWITZERLAND ARE AT RISK OF BANKRUPTCY

... employers' association in the hospitality industry, is sounding the alarm by calling on the authorities for immediate support for the industry. According to the experts, the ongoing COVID-19 pandemic creates risks for the mass bankruptcies of most hotels and restaurants in Switzerland by March 2021. If the state refuses to provide urgent financial assistance, half of the hotels and restaurants in the country will face bankruptcy. The situation with the spread of the disease in Switzerland remains very tense. For a state ...

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