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EurActiv (9 December 2020)

Fernando Heller

Spain’s economy will do slightly better than previously forecast, with a 2.4% GDP increase by the end of this month, the country’s Inclusion and Social Security Minister José Luis Escrivá predicted on Tuesday (8 December). EFE reports.

However, this is provided that some conditions in the battered Spanish job market and the overall economy are met before the end of 2020.

Escrivá said it was already possible – through the analysis of available economic data – to determine the current level of economic activity in Spain “quite accurately and, with some assumptions, to estimate already the results in the fourth quarter.”

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