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

Turkiye may further reduce Russian gas imports

Putin discusses upcoming Ukraine talks in Abu Dhabi

Putin's greeting with Rezaei draws attention - Video

Budanov to lead Ukraine's delegation at Abu Dhabi talks

Kazakhstan, Armenia discuss TRIPP corridor development

Two killed as light aircraft crashes on German motorway

Houthis say 30 killed in airstrikes on Yemen market

IRGC says it shot down US MQ-1 drone over Qeshm Island

Merz speaks with Trump over proposed Russia deal

Medvedev: Better to repent than live like Judas

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