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Vulnerable Spain faces worse economic damage than thought - central bank

A Spanish flag flutters behind a red traffic light in Madrid
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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..
Date Published: May 18, 2020
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