Spain to hike taxes to offset impact of virus crisis

Eldonita de Ed Newman
2020-07-04 10:08:58

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Madrid, July 4 (RHC)-- Spanish Prime Minister Pedro Sanchez said fiscal reform was "inevitable" if Spain was to deal with the economic crisis triggered by the coronavirus pandemic, pointing to tax hikes, notably for larger companies.

Sanchez also pledged 9 billion euros ($10.1 billion) for Spain's regions to reinforce the public health system, which was stretched to the maximum by the epidemic that claimed more than 28,300 lives.
 



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