Spain to Allocate Part of Remaining Loan Guarantees to Tourism
- Government to provide boost for industry that’s key to economy
- Spain is working on sanitary protocol for tourist destinations
A shuttered beachside bar and restaurant in Lloret de Mar, Spain, in May.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
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Spain will allocate a portion of the remaining budget from its state-backed loan program to its beleaguered tourism industry to help it recover from the impact of the coronavirus, according to people familiar with the information.