Spain to allocate EUR 200 billion in virus aid - Bloomberg reports

Market news

17 March 2020

Spain to allocate EUR 200 billion in virus aid - Bloomberg reports

Bloomber reports that Spain will allocate as much as 200 billion euros to offset the impact of coronavirus on the economy.

“These are exceptional circumstances that require exceptional measures,” the Spanish Prime Minister Pedro Sanchez said at a news conference Tuesday.

The government will also ensure the functioning of utilities and telecommunications services, among other policies, he added.

BoC: Governing Council stands ready to adjust policy further and to deploy other market tools, if required, to support economic growth and keep inflation on target

U.S. President Trump to hold press conference with COVID-19 task force today at 15:30 GMT

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.