Spain’s business demographics post-COVID-19: An initial assessment
While the effect of COVID-19 on Spanish business demographics has been unprecedented, it has also been unequal, with certain sectors hit harder or recovering faster than others.
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While the effect of COVID-19 on Spanish business demographics has been unprecedented, it has also been unequal, with certain sectors hit harder or recovering faster than others.
European and Spanish banks’ share prices took a significant hit during the worst periods of the COVID-19 crisis, only to outperform other stocks once a recovery took hold.
The pandemic has accelerated the use of new payment technologies, such as mobile and P2P payments, with future growth projected in the use of QR codes and biometric payments.
he spike in Spain’s deficit in 2020 was the result of higher spending and lower tax revenue due to the COVID-19 pandemic.