Spain Readies $13.4 Billion Package to Help Pandemic-Hit Firms

Spain will approve an 11 billion-euro ($13.4 billion) package to support struggling companies and self-employed workers, Prime Minister Pedro Sanchez said.

“It’s a significant amount of resources to continue supporting - during the hard weeks that we still have ahead to once and for all overcome the pandemic - sectors that were growing and that were competitive before the pandemic, but that logically now are facing a very difficult situation,” Sanchez told the Spanish parliament in Madrid on Wednesday.