Updated Wednesday, July 15, 2020 - 22:36

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  • Forecasts. The IMF drastically worsens its forecasts for Spain and places it at the head of the global collapse

Gian Maria Milesi-Ferretti is the 'number two' of the Department of Studies of the International Monetary Fund (IMF), the division of the body that prepares the World Economic Outlook report that, since the emergence of the coronavirus has become an exhibition of bad omens for Spain . In the last edition of the report, released three weeks ago, Spain was, of the 18 major world economies, the one that fell the most.

Why have the economies of Spain, Italy, and France been so affected by Covid-19? There are two crucial factors. The first is the severity of the pandemic. These are the three most impacted countries, in the sen

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