By Helen Barklam • Published: 17 Jun 2020 • 15:09
Economy minister Nadia Calviño told parliament today that she anticipated the economy would rally and grow stronger in the aftermath of the corona virus crisis and there were signs of huge improvement already.
She said the recovery phase had started and job data was showing that one million people who were furloughed were all working again and 300,000 new people had registered for social security.
This is promising news after the Organisation for Economic Co-operation and Development (OECD) predicted last week that Spain would see a 11% fall in gross domestic product (GDP) in 2020 if the pandemic subsides this summer or 14% if there is a second spike.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.