Spain’s economy should shrink between 6.8% and 12.4% this year depending on whether its lockdown over the coronavirus, first imposed in mid-March, lasts eight or 12 weeks, the Bank of Spain said on Monday as it charted various economic scenarios.
— Read on www.reuters.com/article/us-health-coronavirus-spain-economy/spanish-economy-could-shrink-up-to-12-4-in-2020-bank-of-spain-idUSKBN22210O
Tag: Spain
Why Spain Can’t Shake One of World’s Highest Unemployment Rates
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. Spain’s vicious start-and-stop cycle of bad jobs has become one of Europe’s most chronic economic dilemmas, a problem unresolved by its post-crisis boom.For Raquel Garcia, that means peak
— Read on ca.finance.yahoo.com/news/why-spain-t-shake-one-050000556.html
Spain Economy Outperforms Europe With Surprise Acceleration
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Spain’s economy finished the year with an unexpected acceleration that will reinforce its position as one of Europe’s outperformers.Growth picked up to 0.5% in the fourth quarter, a slight
— Read on ca.finance.yahoo.com/news/spain-economy-outperforms-europe-surprise-082553324.html
These Nations Faced Bankruptcy. Now Their Bonds Yield Nothing – Bloomberg
Less than a decade ago, investors could barely be compensated enough to hold the bonds of Spain and Portugal for fear the nations could be severed from the European Union. Now, they are a hair’s breadth away from having to pay for the privilege.
— Read on www.bloomberg.com/news/articles/2019-08-19/these-nations-faced-bankruptcy-now-their-bonds-yield-nothing