Catalonia in recession as GDP shrinks in first quarter
Economy falls by 4.3% from last year according to Catalan Statistics Institute
Economy falls by 4.3% from last year according to Catalan Statistics Institute
Covid-19 dealt a hard blow to economy as Barcelona chamber of commerce expects partial recovery of 6.1% this year
Desire for successful vaccine rollout, social policies after impact of Covid-19 and strong government after February election
Fall of over 90% in usual revenue from the sector
Ecological transition, digitalization, gender equality and social cohesion are scheme's priorities
According to Catalonia's statistics institute, the drop was 16% compared to the first quarter
Dealing with outbreaks, vaccines, gloomy economic prospects and an upcoming snap election among main hot topics
CaixaBank and Banc Sabadell make 67% and 72% less in the first half of 2020, while Catalan GDP falls 20.1%
CaixaBank and Banc Sabadell make 67% and 72% less in the first half of 2020, while Spanish GDP collapses 18.5%
Spanish Institute of Statistics confirms 6.6% decrease in household spending and 1.8% increase in public debt
Two months ago the International Monetary Fund had forecast a drop of 8% in the Spanish economy
Organization says growth of 2021 will not match this year’s losses
Impact on Covid-19 in economy begins to be felt, with unprecedented drop at least since 1970
The first budget plan since 2017 is expected to be passed in the parliamentary session
Exports up 5.2% compared to 2018