PEDRO Sanchez has today announced a €200 billion package to aid the self-employed, employers and laid-off workers through the coronavirus crisis (details below). The Prime Minister said the economic measures – equivalent to ‘20%’ of Spain’s GDP – are the ‘largest’ mobilisation of public funds in modern Spanish history. SpeakingContinue Reading

COMPANIES in Spain have begun 3D printing much needed medical supplies for the ongoing coronavirus fight.  More than 700 people have combined their 3D production capabilities to create protective screens for health professionals in Asturias. It comes after an initiative launched by Makers Asturias saw the tech company release instructionsContinue Reading

A FREEZE on rental payments is being considered by Spain’s government to aid citizens affected during the coronavirus lockdown. Unidos Podemos, the left-wing alliance in a ruling coalition with PSOE, have proposed the plans, seen by TVE. The measures will benefit anyone with difficulties paying rent due to loss ofContinue Reading

ALONGSIDE the tragic human costs of the coronavirus pandemic, the impacts on the Balearic Islands’ economy are set to be catastrophic. As many businesses opt to implement ERTEs, a temporary lay off of workers, some 400,000 people are expected to be impacted. This prediction by the General Workers Union (UGT),Continue Reading

LARGE companies from the Ibex 35 have donated €150 million to the health authorities to help in the fight against Covid-19. These include BBVA, Iberdrola, Inditex, Santander and Telefonica. The companies have coordinated it with each other and with the health authorities in order to donate and help out. AccordingContinue Reading