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Steven Trypsteen Profile picture
Steven Trypsteen
@StevenTrypsteen
Economist @INGBelgie | PhD in Economics | #macroeconomics (following #Spain & #Portugal) #realestate #circulareconomy | Views expressed are my own
Mar 26, 2020 • 4 tweets • 2 min read
#Spain | Economy is very sensitive to the Covid-19 shock. High unemployment rate (13.8%), high government debt (+-100% of GDP) and a high structural deficit are the usual suspects too look at. But some characteristics of the economy also makes it sensitive… (1/4) @ING_Economics The Tourism and Travel sector is hit hard by the crisis and that sector accounts for about 15% of GDP (2/4)