Deterioration in Spain’s public finances in the wake of COVID-19
Fecha: mayo 2021
Desiderio Romero-Jordán, José Félix Sanz-Sanz
Public Finances, COVID-19
The spike in Spain’s deficit in 2020 was the result of higher spending and lower tax revenue due to the COVID-19 pandemic. Although the overnment is forecasting smaller deficits in the coming years, Spain lacks a credible deficit consolidation plan.