Spain to guarantee up to 80% of SME bank loans to ease virus impact

MADRID (Reuters) - The Spanish government approved on Tuesday a burden-sharing scheme for banks as part of state-backed credit lines to help companies limit the impact of the coronavirus outbreak and released an initial tranche of 20 billion euros (18.4 billion pounds).The measures are part of a total of 100 billion euros in state-backed credit lines approved last week, embedded in a wider, unprecedented 200 billion euros package."The government hopes that these measures will help companies to..