Tag - health crisis

Tourism industry bracing for economic impact of coronavirus

Published in: https://english.elpais.com/society/2020-02-27/spain-bracing-for-economic-impact-of-coronavirus.html#?sma=newsletter_inenglish20200228m Businesses in Spain are eyeing events in Italy but say that it is too early to feel effects ahead of the Easter break Besides creating a public health crisis, the Covid-19 coronavirus is also having an impact on national economies. The Spanish stock market has retreated over 9% in six trading days as new cases of the disease have been confirmed. And the tourism industry is closely watching events unfold in Italy, where major cultural, trade and sports fixtures [...]