Spanish News in English . Spain suffered a particularly deadly outbreak of the virus, with more than 28,400 people losing their lives. ^ "World Economic Outlook Database, April 2019".
Updated hourly with the latest news from Spain and the Canary Islands. The latest Economy News from the BBC: breaking news on the global and UK economy and international investments including audio and video coverage. August 11, 2020 . Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5% due to the coronavirus pandemic, official figures showed today. EU news: Spain's economy is forecast to be hit hardest among developed countries from COVID-19 ... TODAY'S PAPER. COVID-19 fallout: Spain's economy enters recession, GDP records historic fall at 18.5% Business Today 11:03 31-Jul-20 Spain falls into steep recession, tourism … "The record plunge in Spain's GDP of 18.5% is likely to have been one of the biggest falls of any euro zone country in the second quarter, illustrating the severity of the country's lockdown and its slow and partial recovery," they said in a note.
Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5% due to the coronavirus pandemic, official figures showed today.
The spread of forests is not always popular.
Latest videos. More migrants are risking the ocean journey to the Canary Islands as authorities clamp down on crossings in the Mediterranean sea.Belgium, Bahamas and Andorra are the latest places from where people must quarantine on arriving in the UK.Where can I go on holiday without having to quarantine? Experts say the risk of transmission is higher because droplets are projected when exhaling smoke.With the global market for recycled cardboard worth billions of dollars, it is attracting criminals.Germany and Greece record their highest daily cases, while Spain and France reach a "tipping point".A ferry company operating across the North Sea isolates workers after an outbreak of Covid-19Covid-19 has changed the world - are we winning or is the virus still taking hold, and when will it end?A photograph appears to show Spain's former monarch landing in Abu Dhabi after leaving his country.Chancellor warns there is "always the risk" holidays may be disrupted, as virus cases climb in France.United Nations agencies say 27 people have died after their migrant boat ran into trouble in the Atlantic off the coast of Mauritania earlier this week. Spain's business, transport and hotels sector were all badly hit, with a 40% drop compared with the first quarter. All the main Spanish news outlets in one place in English.
Spain Economic News.
A recession is commonly defined as two consecutive quarters of a contraction in GDP.The first of estimate by INE is broadly in line with the forecast by the Bank of Spain which had seen a contraction in the economy of between 16-22% for the three months between April to June at the height of the lockdown when all non-essential activities were halted. Find Spain Economy Latest News, Videos & Pictures on Spain Economy and see latest updates, news, information from NDTV.COM.
Browse The Independent’s complete collection of articles and commentary on Spain economy. Spain’s current account balance recorded a surplus of EUR 0.8 billion in May, markedly below the EUR 3.8 billion surplus recorded in May 2019 and contrasting the EUR 1.5 billion deficit logged in April. Explore more on Spain Economy. He said his fellow passengers had all jumped into the sea. Retrieved 29 September 2019. 5 years of Spain economic forecasts for more than 30 economic indicators.Get a sample report showing our regional, country and commodities data and analysis. Under the plan, Spain will receive €140 billion of which just over half - or €73 billion - is in the form of subsidies, while the rest is in the form of loans.
All the latest breaking news on Spain economy. See today… Looking at the details of the release, the contraction in sales was less severe in both single retail and small chain stores compared to May. 1. IMF.org. Reflecting a return to growth by the manufacturing sector and a slightly stronger expansion of services activity, the IHS Markit composite Purchasing Managers’ Index (PMI) climbed from 49.7 in June to 52.8 in July, the highest reading since April 2019. That opens a window for progressSelf-determination is all very well; but what if it masks fiscal selfishness?Government intervention and a snap election have defused, but not settled, a crisis that goes to the essence of Spanish democracyA surge in Spanish nationalism would come at an awkward time for BritainMutual mistrust between the two administrations scuppered a deal to avoid a head-on clashUnless the secessionists back down, the conflict may soon get uglyWill this shut down the independence movement, or fire it up?Prime Minister Mariano Rajoy may have to set up a parallel government to stop secessionVotes in Lombardy and Veneto could strengthen the regionalists’ caseThe independence dream dissolves on contact with realityEmbracing Catalonia holds no appeal for Europe’s leadersIt wants to be as nimble as a fintech startup; shareholders are having to be patientOn Catalonia, the American constitution, cancer, guns, Tom PettyGoogle, Facebook and Microsoft want more control over the internet’s basic infrastructureTo avoid calamity, ask Catalans what they really want
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