Spain plans
- Announces suspension of mortage payments for workers affected by outbreak
- Announces 600M euros for elderly and vulnerable people
- Will allocate as much as 200M euros to fight virus
- To block takeovers of foreign companies whose value has fallen
- Approves 100B euros in state-backed credit guarantees
- Announces unlimited liquidity for companies
Spain's GDP is 1.3 trillion. This is up to 15% of GDP. That's massive.
