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World News

Spanish prime minister moderately optimistic about economic recovery

FILE PHOTO: Spanish Prime Minister Pedro Sanchez speaks during a news conference after a cabinet meeting, amid the coronavirus disease (COVID-19) outbreak, at the Moncloa Palace in Madrid, Spain, August 25, 2020. REUTERS/Juan Medina

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said on Tuesday he was moderately optimistic about the country’s economic recovery from its worst downturn on record caused by the impact of the coronavirus pandemic.

Sanchez reiterated that gross domestic product was growing faster than 10% in the third quarter and said partial employment data were very positive.

“The situation is delicate with many uncertainties caused by the pandemic, but the resilience our workers are showing fuels a moderate optimism about the recovery of the country,” Sanchez told the radio station Cadena Ser.

Reporting by Belen Carreno and Inti Landauro, editing by Andrei Khalip

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