Business & Finance

ECB's de Cos says Spain COVID stimulus measures must be extended, reassessed regularly

  • Spain's economic recovery is incipient, incomplete, uncertain and uneven, he said.
Published July 23, 2020

MADRID: Stimulus measures to help Spain cope with the coronavirus crisis should be extended and re-assessed periodically, central bank governor Pablo Hernandez de Cos said on Thursday.

Spain's economic recovery is incipient, incomplete, uncertain and uneven, he said.

The challenge after a major EU deal on recovery aid is for these funds to help boost recovery, said de Cos, who is also a European Central Bank policymaker.

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