About: http://data.cimple.eu/news-article/6fcd5c543ef9509efd9b6f944cdfa51dd58a50fb8960f9228e3d61ba

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About: http://data.cimple.eu/news-article/6fcd5c543ef9509efd9b6f944cdfa51dd58a50fb8960f9228e3d61ba Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	The Spanish economy, the eurozone's fourth biggest, rebounded sharply in the third quarter as a lifting of the coronavirus lockdown saw activity resume, official data showed on Friday. Spain's gross domestic product expanded by 16.7 percent in the three months to September from the preceding quarter, but was still down 8.7 percent on a year-on-year basis, the national statistics institute INE calculated. In the second quarter, draconian lockdown measures to try to stamp out the pandemic had led to an economic contraction of 17.8 percent. Tourism, a major pillar of the Spanish economy, was among the hardest hit sectors, with foreign visitor numbers down by as much as 75 percent during the summer. INE cautioned that the preliminary third-quarter data could still be revised "more substantially than usual" given the difficulties in collating statistics at a time of deep economic disruption. Looking at 2020 as a whole, the Spanish government is projecting an overall contraction in GDP of 11.2 percent, while the International Monetary Fund is expecting the Spanish economy to shrink by as much as 12.8 percent. Economy Minister Nadia Calvino warned that "we are currently facing great uncertainty, both on a European and on a global level," and many countries have imposed even tighter restrictions in recent days to rein in a second wave of virus infections. emi/mg/spm/bp
schema:headline	Spain economy bounces back after easing of lockdown
schema:mentions	Rein Nadia district National Institute of Statistics and Geography Eurozone Instituto Nacional Electoral International Monetary Fund Spain Gross domestic product Lockdown Pandemic Virus Severe acute respiratory syndrome coronavirus 2 EMI
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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