Ignacio Marco-Gardoqui: A lot of bird flying

Ignacio Marco-Gardoqui

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At this point, I imagine him lost in the tangle of billions arranged through multiple funds that we will use to fight the crisis. I summarize the situation a bit. There are basically four funds fed by money of ‘internal’ origin, that is, from the Spanish Budget, which are: the Restructuring Fund of the ICO credits, endowed with 3,000 million and managed by the bank; the Recapitalization Fund from SMEs which has 1,900 million, and the Fund for Aid to SMEs and the self-employed who have suffered the effects of Covid, which will put 7,000 million in the hands of the autonomies. There is also a fourth fund dedicated to strategic companies that lacked

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