Vulnerable Spain faces worse economic damage than thought - central bank

MADRID (Reuters) - Spain's tourism-dependent economy could experience a harsher and longer hit from COVID-19 than initially expected, the Bank of Spain governor said on Monday, warning of tough times ahead for one of the world's worst-affected nations. Pablo Hernandez de Cos, who also sits on the European Central Bank's governing council, said the Spanish economy was heading for a significant second quarter deterioration after shrinking a record 5.2% in the first."The length of the shock is..