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 invited to partake in G20 summit in US

Germany scraps plan to rescue stranded whale

Ankara to host 2026 NATO summit

Russian military losses updated on day 1520

Prince Harry makes surprise visit to Kyiv - Video

Iran executes man for membership in banned opposition

Israel and Lebanon due to hold another round of talks

17 people injured in Danish train crash

UAV strikes hit Russian oil and petrochemical sites - Video

White House: Europe failed NATO test over Iran

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