Basque companies face the payment of more than 5,600 million of the pandemic credits

by time news

The Secretary of State for the Economy, Ana de la Cueva, during her speech at the signing of the collaboration agreements for the ICO 2020 Lines. / e. p.

56% of the policies signed with the ICO and Elkargi have extended terms and the Bank of Spain sees risk in 3.4% of the loans

Lucas Irigoyen

Basque companies currently owe 5,684 million euros acquired with the so-called Covid credits, which have the public support of the Government of Spain through the ICO or the Basque Executive with Elkargi. A debt on which measures have been facilitated through the extension of the grace period – the period in which

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