CORONAVIRUS: SPAIN’S ECONOMY ALREADY IN THE TURMOIL

Highlights

• Spanish GDP expected to go down by almost 15 percent

• More than 800,000 people have already lost their jobs

• Reasons behind Spain’s proposal for coronabonds

Spain has been among worst affected countries by coronavirus pandemic. Many countries across the globe and Europe are expected to face severe impacts of this pandemic in terms of economic slowdown. 

....