Spanish Economy Minister estimates GDP expanded in Q4 despite coronavirus restrictions

Reuters | Madrid | Updated: 07-01-2021 14:25 IST | Created: 07-01-2021 14:00 IST
Spanish Economy Minister estimates GDP expanded in Q4 despite coronavirus restrictions
Representative image Image Credit: ANI

The Spanish gross domestic product likely expanded in the fourth quarter of last year despite the business restrictions imposed to curb the second wave of coronavirus contagion, Economy Minister Nadia Calvino said on Thursday.

"Everything indicates that the positive trend continued despite the strength of the (coronavirus) second wave that hit all of Europe," Calvino said in an interview to radio station COPE.

The minister added she is convinced the Spanish economy will expand in 2021.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



Addressing conflict-related sexual violence at long last

... ...

Why unequal access to coronavirus vaccines is a threat to us all

... ...

India’s love affair with fossil fuels: the path to sustainable development?

... ...


Latest News

Venezuela detects Brazilian variant of coronavirus in the country -President Maduro

Venezuelas President Nicolas Maduro on Wednesday said authorities have detected the Brazilian variant of the novel coronavirus in the country.Officials have recorded cases of the coronavirus variant in Caracas, the capital, and in two state...

U.S. calls German warship's plan to sail South China Sea support for rules-based order

The United States on Wednesday hailed plans by NATO ally Germany to sail a warship across the contested South China Sea, calling it welcome support for a rules-based international order in the region, something Washington says is threatened...

GLOBAL MARKETS-Yen near 7-month low, Asian shares fall as bond yields rise

The Japanese yen hit a seven-month low on the dollar on Thursday as hopes that vaccine distribution and more government stimulus will drive the U.S. economy into a solid rebound lifted the greenback and benchmark Treasury yields. But the cr...

Soccer-We never threw away the Cup, says proud Barca boss Koeman

Barcelona coach Ronald Koeman praised his side for their never-say-die attitude after they reached the Copa del Rey final with a 3-0 win after extra time over Sevilla on Wednesday to pull off the latest in a series of great turnarounds in t...

Give Feedback