Summary of the Press Conferences following the meetings of the Council of Ministers

July 2020

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  Government approves new raft of measures for 50 billion euros, within framework of Agreement on Economic Reactivation and Employment

  Friday 3 July 2020

  The government is introducing an Official Credit Institute (Spanish acronym: ICO) guarantee for lines of credit for the sum of 40 billion euros to push through new business investment projects and is creating a fund of 10 billion euros to keep strategic companies solvent. It is also approving the "Renove 2020" Plan to purchase vehicles, applicable to acquisitions as from 16 June.