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

Ukraine’s power imports rocketed in October

6.3 magnitude quake hits Kamchatka

China’s Xi seeks to expand economic ties with Russia

Death toll rises to 40 in central Vietnam floods

Ukraine updates Russian losses on day 1350

North Korea fired artillery rockets during Hegseth visit

Trump freezes UN funding to force reforms

North Korea says former head of state Kim Yong Nam dies

Sierra Leone assumes UN Security Council presidency

US to test intercontinental missile

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