Madrid — The Spanish government approved a 1.3 billion euro ($1.55 billion) plan to finance investments in renewable power generation for private consumption with the rescue funds to be disbursed by the European Union, spokesperson Maria Jesus Montero said on Tuesday.
Spain is due to receive about 140 billion euros over six years from EU to kick-start the economy to recover from the contraction caused by the COVID-19 pandemic.
(Reporting by Inti Landauro Editing by Emma Pinedo)
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