UP

Spain's prime minister announces fresh $13B stimulus

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Spain's prime minister announces fresh $13B stimulus

Spanish Prime Minister Pedro Sanchez announced Wednesday a fresh €11-billion ($13.3-billion) stimulus package aimed at helping hard-hit businesses amid the pandemic.

Axar.az reports that he said the money will be directed at “reinforcing solvency” so businesses will be able to stay afloat and recover their employees and investments.

Without providing too many details, Sanchez said the money will be aimed at companies in the tourism and hospitality sectors, small businesses, and self-employed workers. He said the bill will be passed in the coming weeks.

“We have to keep supporting, during the tough weeks we still have ahead, sectors that were thriving and competitive before the pandemic but now find themselves in situations that are extraordinarily complicated,” explained the Spanish leader.

Date
2021.02.25 / 09:31
Author
Axar.az
See also

Russia to keep military bases in Syria

Serbia reaffirms EU membership as a strategic priority

Armenian PM Pashinyan meets Queen Mathilde

Hamas: All hostages and bodies handed over to Israel

Lavrov: Moscow awaiting US response to Alaska Summit

Russia reports updated Ukrainian army losses

Pakistan and Taliban agree to 48-hour ceasefire

Sharaa: Russia will play key role in rebuilding Syria

Why did the al-Assad govt secretly move a mass grave?

China seizes 60,000 maps over 'mislabelled' Taiwan

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla