Spain GDP to fall by up to 13.6% in 2020 as a result of the deadly coronavirus pandemic: Bank of Spain
Tue, Apr 21, 2020 8:15 AM on International, Latest,
Spain's economy is likely to contract by between 6.6 percent and 13.6 percent in 2020 as a result of the deadly coronavirus pandemic, the Bank of Spain warned on Monday.
The estimated contraction would be "unprecedented in recent history" even if the scope of it was subject to "huge uncertainty" depending on how long the current lockdown, which began on March 14, would continue, the Bank said in a statement.
