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    Spain prepares economic support plan amid energy price spike

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    By News Desk on March 29, 2022 Europe, News Briefing, World News
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    Spain prepares economic support plan amid energy price spike

    Euronews says Spain’s government is readying a package of emergency economic measures worth €6 billion in direct aid and tax breaks and €10 billion in loans for families and businesses affected by the fallout from Russia’s invasion of Ukraine, Prime Minister Pedro Sánchez said on Monday.

    The emergency plan aims to “protect economic growth and jobs” and is to be unveiled after the government’s weekly cabinet meeting on Tuesday, Sánchez said in a speech to a business conference in Madrid.

    “This emergency plan in response to the war (in Ukraine) includes a set of measures that will protect economic sectors and Spaniards who are being most affected,” Sánchez said.

    https://www.euronews.com/2022/03/28/spain-prepares-economic-support-plan-amid-energy-price-spike

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