Spain’s Economic Woes Could Be Worse Than Currently Projected: Its GDP Could Fall by 20% This Year

<p>In a recent report, the IMF predicted Spain’s GDP could contract by 8% in 2020; the Bank of Spain estimates this year’s decline could reach 12.4% if the lockdown lasts 12 weeks (for now, the lockdown is expected to last&#8230;</p>
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<p>The post <a href="http://www.tradingnrg.com/spains-economic-woes-could-be-worse-than-currently-projected-its-gdp-could-fall-by-20-this-year/">Spain’s Economic Woes Could Be Worse Than Currently Projected: Its GDP Could Fall by 20% This Year</a> first appeared on <a href="http://www.tradingnrg.com">Trading NRG</a>.</p>