Background information

This new package approved in Royal Decree 25/2020 aims to reinforce and accelerate the recovery that the economy has already started after the crisis caused by COVID-19. To this end, various measures are put in place to boost investment and strengthen the solvency of companies, which in turn will support thousands of jobs.

Content of measure

The main measure in this package is a new credit line. This new credit line of guarantees will be channeled through the Official Credit Institute (ICO), amounting to €40,000 million and aimed at promoting the implementation of new business investment projects. This measure is part of the plan to reactivate the economy and employment and aims to support new investment projects in the production structure, after a first phase in which the coverage of liquidity needs prevailed. This new line is aimed at promoting investment activity and fostering it in areas where the greatest added value is generated, mainly around two axes: environmental sustainability and digitization.

Use of measure

No data available at the moment on the use of this measure.

Target groups

Workers	Businesses	Citizens
Does not apply to workers	Applies to all businesses	Does not apply to citizens

Actors and funding

Actors	Funding
National government Company / Companies	National funds

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	No involvement	No involvement
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

• No involvement
• Main level of involvement: N/A

Involvement

No involvement.

Views and reactions

No views on the social partners have been reported.

Sources

• 03 July 2020: Royal Decree 25/2020 of urgent measures to support economic reactivation and employment (www.boe.es)