Spain will Defend the Creation of a European Fund to Refloat Tourism and Transport

20 April 2020 – Brainsre.news

The Government is going to take its proposal to the European Council to create a fund amounting to between €1 trillion and €1.5 trillion to boost the economic recovery after the pandemic.

The Government is going to take its proposal to the European Council to create a fund amounting to between €1 trillion and €1.5 trillion to boost the recovery after the coronavirus pandemic, focusing on infrastructure and tourism.

The fund would be used to finance reconstruction initiatives with a special focus on the sectors most affected by the cessation of activity and the lockdown measures, such as transport and tourism.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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