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The Spanish government has announced a near $4.82 billion plan to help its crucial tourism industry recover from the coronavirus crisis that halted leisure travel for three months, Reuters reports.
“Spain is reopening itself to tourism,” Prime Minister Pedro Sanchez said while presenting the plan. “We are a world leader and each step we take will be safe.”
Most of the package, about $2.5bn, is made up of credit guarantees offered by the government for tourism operators, Sanchez’s office said in a statement.
