Spain ready to approve new credit lines to help companies cope with COVID-19
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MADRID (Reuters) - Spain said on Tuesday it would approve new liquidity lifelines to help companies and households weather the coronavirus crisis after releasing another tranche of the 100 billion euros (89 billion pounds) of state-backed credit announced in March. "If companies and the productive sector need more liquidity, the government will obviously provide the liquidity mechanisms that will keep them alive," government spokeswoman Maria Jesus Montero said following a cabinet meeting.Her..