Spain announces €4.3bn rescue plan for tourism
Economy
13:45 19/06/2020
World

Spain announces €4.3bn rescue plan for tourism

The Spanish government announced on Thursday a nearly €4.3bn plan to support the tourism industry after the coronavirus crisis halted one of the crucial sectors for the country's economy, according to EUobserver

About €2.5bn will be grants offered by the government for tourism operators, Reuters reported. The announcement comes a few days before Spain opens its border on 21 June to European tourists.

Spain usually receives about 80 million tourists yearly.

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Spain announces €4.3bn rescue plan for tourism