Spain to implement universal basic income in response to coronavirus — and the change will be permanent

Spain to implement universal basic income in response to coronavirus — and the change will be permanent

Spain is responding to the coronavirus crisis with a plan to launch a universal basic income program in the near future, Forbes reported, but the program isn’t just for the pandemic — it will become permanent, Spain’s Economy Minister Nadia Calvino said.

What’s the story? Spain, like other nations whose economies have been devastated by the coronavirus-related shutdowns, passed a stimulus package to ease the disruption. Measures include pausing all mortgage payments and giving money to businesses that are struggling.

The next step is a universal basic income that Calvino said is a direct response to the coronavirus emergency, but […]

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