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

Ghalibaf warns U.S. against regional troop deployments

Hungary begins phased shutoff of gas exports to Kyiv

Israel hits two maritime cruise missile sites in Tehran

Lukashenko arrives in North Korea for official talks

Macron urges Iran to negotiate in good faith

Trump's approval hits new 36% low amid Iran war

IRGC: Do not call your defeat an agreement

Drone strikes hit Russian Baltic oil hubs - Video

Russian army losses updated on 1,490th day of war

US sent Iran 15-point proposal for ending war

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