COVID-19

The coronavirus crisis has pulverised Spain’s economy

todayAugust 3, 2020

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The coronavirus crisis has pulverised Spain’s economy, triggering its worst recession since the civil war, with collapsed tourism numbers boding ill for hopes of a swift rebound.

New figures from the National Statistics Institute showed it shrank 18.5% in the second quarter, a drop so harsh it wiped out all the recovery achieved since the 2008 global financial crisis.

Written by: BayRadio News

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