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.