Spanish PM says Spain hoping for $155.37bln from EU relief fund

Will offer a mix of grants and loans to countries hardest hit by the pandemic.

  
Spanish Prime Minister Pedro Sanchez wears a protective mask as he attends a plenary session amid the coronavirus disease (COVID-19) outbreak, at the Parliament in Madrid, Spain, May 20, 2020. Ballesteros/Pool via REUTERS

Spanish Prime Minister Pedro Sanchez wears a protective mask as he attends a plenary session amid the coronavirus disease (COVID-19) outbreak, at the Parliament in Madrid, Spain, May 20, 2020. Ballesteros/Pool via REUTERS

BARCELONA- Spain's Prime Minister Pedro Sanchez said on Sunday he hoped Spain would get 140 billion euros ($155.37 billion) from a new European Union recovery fund.

The EU is set to borrow 750 billion euros for the fund, which will offer a mix of grants and loans to countries hardest hit by the pandemic.

($1 = 0.9011 euros)

(Reporting by Graham Keeley Editing by Alexandra Hudson) ((alexandra.hudson@thomsonreuters.com;))

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