Posted By Global Banking and Finance Review
Posted on April 3, 2025
MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said on Thursday his government will implement a 14.1 billion euro ($15.66 billion) plan, including 7.4 billion euros in new financing, to cushion the impact of the new U.S. tariffs on the Spanish economy.
The rest of the aid package will comprise existing instruments, Sanchez said.
($1 = 0.9006 euros)
(Reporting by David Latona, editing by Inti Landauro and Andrei Khalip)