Spat in Spain over bailout of tiny Venezuela-linked airline

A multi-million-euro rescue of a tiny airline with just four planes has sparked controversy in Spain, with its leftwing government under fire for extending special treatment to the Venezuela-linked firm. The row is over a E53m government bailout extended in early March to Ultra Plus, an obscure airline that links Spain with Ecuador, Peru and Venezuela. The money came from a E10b rescue fund created by the government of Socialist Prime Minister Pedro Sanchez to help strategically important firms hit hardest by the pandemic. But the move drew a sharp rebuke from Spain's right-wing opposition, which regularly attacks the government over its stance on Venezuela, notably accusing hard-left coalition partner Podemos of being funded by Caracas. "It's a scandal that's growing by the day and the government is offering no explanation," said Antonio Gonzalez Terol, a lawmaker with the right-wing Popular Party which wants a parliamentary inquiry into the matter. The liberal Ciudadanos has also urged the EC to open an inquiry, while the far-right Vox has filed a complaint with the Supreme Court.<br/>
AFP
https://sg.finance.yahoo.com/news/spat-spain-over-bailout-tiny-023900570.html
4/8/21