18 March 2020 – Increased insurance coverage

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Government of Spain created a line of insurance coverage of up to 2 billion euros from the Risk Reserve Fund for Internationalisation.

This measure is intended to provide additional liquidity to companies, especially SMEs and the self-employed.
Full details here: https://boe.es/boe/dias/2020/03/18/pdfs/BOE-A-2020-3824.pdf