Spain to create more than 800,000 jobs in 3 years with EU funds: PM Pedro Sanchez

Madrid: Spain plans to create over 800,000 new jobs in the next three years with aid it will receive from an EU rescue plan to help the virus-battered economy, Prime Minister Pedro Sanchez said Wednesday.

Spain will use the 140 billion euros ($165 billion) in aid from the European Union between 2021 and 2026 to boost its economy which has been hit by the Covid-19 pandemic, he said, unveiling the government rescue plan.