Both Spain and Italy are going to be the biggest victims of the economic crisis brought on by the pandemic of the new SARS Coronavirus 2. Spain has the second-highest mortality rate in the world. But it’s not just a public health problem.
This country is still feeling the effects of the 2008 crisis. Even before the pandemic, Spain experienced unemployment rates of 15%. Covid-19 makes this situation worse. Sectors such as tourism and the automotive industry (the most affected by this crisis) are the cornerstones of the Spanish economy.
And that is why the European Union has launched a recovery plan tailored to Spain and Italy. However, is this really enough to rescue the Spanish economy? Can Spain really avoid a crisis as devastating as the one in 2008? In this video, we’ll tell you.
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