State of Emergency

Spain's government readies package to help companies weather coronavirus crisis

Madrid is pretty much empty

General view of an unusually almost empty Plaza Mayor square due to the coronavirus outbreak in central Madrid, Spain, March 14, 2020 | REUTERS/Sergio Perez

ReutersMadrid16/03/2020 15:02
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The Spanish government is readying a package, that would include credit and guarantees, to support companies through the coronavirus crisis, a Spanish government source told Reuters today.

"We are still working on providing liquidity for self-employed people, small businesses and large companies, so they face the situation protecting jobs," the source said.

The government has yet not decided on the total amount of the package. Cabinet is due to meet tomorrow.

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