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Spanish government says will spend 300 million euros to combat impact of Thomas Cook collapse

Spanish government says will spend 300 million euros to combat impact of Thomas Cook collapse
FILE PHOTO: The Thomas Cook logo is seen at their German headquarters in Oberursel, near Frankfurt, Germany September 23, 2019. REUTERS/Kai Pfaffenbach -
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KAI PFAFFENBACH(Reuters)
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MADRID (Reuters) – The Spanish government will spend 300 million euros ($328 million) on a plan to combat the economic fallout of the collapse of British travel group Thomas Cook, acting Tourism Minister Reyes Maroto said on Thursday.

The plan will be made up of 13 separate measures and include a credit line for the affected companies, Maroto told reporters.

(Reporting by Isla Binnie, writing by Ashifa Kassam and Jesus Aguado; Editing by Ingrid Melander)

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