Spain Sets New Deal for Reactivating Economy

The Spanish government signed an agreement with business leaders and unions on Friday to reactivate the economy and create job opportunities, local paper El Pais reported.

The agreement includes a support plan of EUR 40 billion for business loans aimed at funding the digital transformation of Spanish companies and businesses.

In addition, a fund of EUR 10 billion will directed towards helping the financial sector companies that were affected by the coronavirus disease (COVID-19) pandemic.