Political correspondent for the Iberian Peninsula and the Maghreb, with its headquarters in Madrid.F. A. Z.
The new rise of infections increases the pressure on the country fighting due to the Corona to its economic Survival. With a diplomatic Offensive by the socialist Prime Minister Pedro Sánchez is now trying to help on the summit in mid-July, the planned EU meeting-it is decided to build-up funds. Spain is hoping for grants and loans of up to 140 billion euros. First of all, Sánchez agrees with its southern European partners. On Monday, he visited the socialist Prime Minister, António Costa, in Lisbon, on Wednesday he receives in Madrid the Italian head of government, Giuseppe Conte. Before the EU summit seeks the Spanish Prime Minister, but also the conversation with the "Thrifty Four" that want to make the EU support to conditions. Sánchez wants to speak to the Dutch head of government Mark Rutte as well as Sweden, Stefan Löfven, personally, to explain why a quick solution is so urgent.
the most Serious economic crisis in decades
Spain crisis for decades, is facing the most difficult economy. The International monetary Fund the IMF is concerned that the gross domestic could shrink the product by up to 12.8 per cent; during the last big economic crisis, the Minus amounted to only 3.8 percent. The government is launching a programme of assistance to the other in order to bring the economy back in gear On Friday, there were a further 50 billion euros; the largest part of which is in the Form of state loan guarantees the Survival of companies. In March, the government had already put in 100 billion euros available, of which, according to the press 78 billion reports already available.Updated Date: 10 July 2020, 19:19