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KM Financial Solutions | UPDATE 1-Bank of Spain predicts economy to shrink up to 12.4% in 2020
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UPDATE 1-Bank of Spain predicts economy to shrink up to 12.4% in 2020

19 Apr UPDATE 1-Bank of Spain predicts economy to shrink up to 12.4% in 2020

Posted at 11:05h in News by
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Spain’s tourism-dependent
economy could shrink as much as 12.4% this year if its
coronavirus lockdown lasts 12 weeks, before staging a vigorous
recovery of at least 5.5% in 2021, the Bank of Spain said on
Monday.

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