• WORLD
    • EUROPE
    • AMERICA
    • AFRICA
    • ASIA PACIFIC
  • ENTERTAINMENT
    • CINEMA
    • MUSIC
    • TV & WEB
  • SCIENCE
  • TECHNOLOGY
  • SPORTS
    • FOOTBALL
    • MOTORSPORT
    • NBA
    • NFL
    • TENNIS
What's Hot

Surface Laptop 4 is officially released.No charging for nearly 20 hours

Denmark stops vaccination with AstraZeneca

Poland’s most famous volleyball referee ended his career.Heroes of hundreds of memes

Facebook Twitter Instagram
NewsLine
  • WORLD
    • EUROPE
    • AMERICA
    • AFRICA
    • ASIA PACIFIC
  • ENTERTAINMENT
    • CINEMA
    • MUSIC
    • TV & WEB
  • SCIENCE
  • TECHNOLOGY
  • SPORTS
    • FOOTBALL
    • MOTORSPORT
    • NBA
    • NFL
    • TENNIS
Subscribe
NewsLine
Home»WORLD»EUROPE»Spain will lower its economic growth assessment
EUROPE

Spain will lower its economic growth assessment

April 8, 2021No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Spain will lower its economic growth assessment
Share
Facebook Twitter LinkedIn WhatsApp Pinterest Email

Spanish Minister of Economy Nadia Calvino (Nadia Calvino) announced on Thursday that the Spanish government will lower its estimate of gross domestic product (GDP) growth in 2021 because the first quarter’s data was lower than expected.

Minister Calvino said in an interview with Bloomberg TV: “The first quarter is very difficult. This is the main reason for our 2021 budget cut.”

She added: “We expect this year’s growth rate to reach around 7%. Due to a quarter of the delay in recovery, the growth rate may still be lower.”

Calvino told Bloomberg TV that all indicators in March were positive, and although the second quarter will be a transitional period, the second half of this year will bring a “very strong recovery.”

Currently, the government estimates that the economy will grow by 7.2% this year after a 11% decline in 2020. Reuters pointed out that the Fed and other analysts are somewhat more cautious and expect growth to be more moderate.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sweden’s far right is ready to support conservative government

April 14, 2021

In Poland, PiS is embarrassed by alleged nepotism

April 14, 2021

Italian newspaper wrote that the EU will not renew contracts with AstraZeneca and Johnson & Johnson

April 14, 2021

EU Green Finance Advisor: Scientific standards are more important than policies

April 14, 2021
Add A Comment

Leave A Reply Cancel Reply

You must be logged in to post a comment.

BREAKING NEWS

TECHNOLOGY

Surface Laptop 4 is officially released.No charging for nearly 20 hours

April 14, 2021
WORLD

Denmark stops vaccination with AstraZeneca

April 14, 2021
SPORTS

Poland’s most famous volleyball referee ended his career.Heroes of hundreds of memes

April 14, 2021

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Advertisement
NEWSLINE

Newsline.news is an Internet-based news site, which takes advantage of technological and community-building opportunities for the supply of digital news to readers.

Facebook Twitter Instagram Pinterest YouTube

Subscribe to Updates

Get the latest news from Newsline

© 2021 ThemeSphere. Designed by ThemeSphere.
  • Home
  • Buy Now

Type above and press Enter to search. Press Esc to cancel.