Spain approves 475 mln euro aid package for Air Europa ...Middle East

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Spain approves 475 mln euro aid package for Air Europa
source : Devdiscourse ( Middle East ) () 30
The Spanish government approved on Tuesday a 475 million euro ($556 million) aid package for Air Europa, making the airline the first major Spanish company to tap into funds established to help companies in strategic sectors weather the pandemic. The package will comprise a 240 million euro equity-backed loan and a 235 million euro regular loan, government spokeswoman Maria Jesus Montero told a news conference.

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