The impact of the pandemic on Spanish household and corporate sector accounts

The impact of the pandemic on Spanish household and corporate sector accounts

Fecha: mayo 2021

María Jesús Fernández

Financial situation, COVID-19

SEFO, Spanish and International Economic & Financial Outlook, V. 10 N.º 3 (may 2021)

Data show that COVID-19’s impact on Spanish households has been smaller than that sustained by its non-financial corporations, thanks in part to generous support schemes for Spanish workers. Going forward, additional measures will be required to buoy Spanish firms, but this could leave Spain’s public debt more vulnerable if the ECB tightens its monetary policy stance.

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