The end of the coronavirus lockdown in Spain failed to bring a surge in employment as government data showed that the 900,000 jobs lost at the pandemic's peak had not been regained, while the tourism sector has not yet returned to regular activity.
MADRID Spain's tourism-dependent economy needs profound structural reforms to avoid "chronic" levels of public debt that could hinder long-term growth, the Bank of Spain said on Tuesday.
MADRID Spain's damaged economy needs urgent structural reforms to cope with the coronavirus impact, including letting smaller companies grow to compete better in Europe, the central bank head said on Tuesday.
MADRID Spain's health ministry raised its coronavirus death toll to 28,313 on Friday after ironing out database inconsistencies, and said the disease was under control in Spain's nine remaining active clusters as it prepared to reopen to tourism.
MADRID Four ex-employees and executives of the Industrial and Commercial Bank of China's (ICBC) Madrid branch reached a plea deal with Spanish prosecutors in a money-laundering case and accepted prison terms of between three and five months.
MADRID Spain is not discussing a travel corridor with Britain, a Spanish foreign ministry source told Reuters on Tuesday, but it will allow nearly 11,000 German tourists to visit the Balearic Islands two weeks before officially reopening its borders.
MADRID Spain's economy may shrink less than feared this year, but the recession will nevertheless be about three times as bad as the record contraction of 2009 at the height of the global financial crisis, the central bank said on Monday.
MADRID Four of the five men serving 15-year jail terms for gang-raping a teenager at a Spanish bull-running festival in 2016 have been handed additional prison sentences in a separate sexual-assault case, a court in Cordoba said on Thursday.
MADRID New official data in Spain showed on Wednesday that many more people have died than usual this year than the recorded number of coronavirus fatalities and revealed a shocking 155% spike in mortality at the epidemic's peak in early April.