Spanish governor in favour of extending support to non-financial firms
Hernández de Cos favours grants and equity injections over debt issuance
The Bank of Spain’s governor, Pablo Hernández de Cos, supports prolonging support measures for non-financial corporations.
In a speech today (October 14), the governor said: “The current phase of the crisis, characterised by an incomplete and uneven economic recovery, warrants a continuation of public support to firms.”
Hernández de Cos acknowledged the measures taken by governments and supranational institutions, including guarantees and moratoriums, “have avoided the materialisation of a
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