Sánchez announces a new ICO line of 20,000 million for SMEs and the self-employed

The Prime Minister, Pedro Sánchez, announced this Saturday a new ICO line for 20,000 million euros to support SMEs and the self-employed affected by the stoppage of activity as a result of the state of alarm to stop the covid-19.

At a press conference at the Palacio de la Moncloa, the president has asked the financial sector to be "dynamic" so that the lines reach SMEs and the self-employed.

This third ICO line, for 20,000 million, will be tested, predictably, by the Council of Ministers on Tuesday.


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