Spain will have a deficit with the outside world for the first time in nine years by the drop in tourism


Javier TahiriSEGUIRMADRID Updated: Save Send news by mail electrónicoTu name *

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One of the events that showed the change of the growth model that caused the financial crisis, the cycle of several years of surplus which Spain amassed in the last few years abroad, has come to an end by the virulence of the crisis of the coronavirus. The national economy got a current-account surplus of the exterior it had been a fact unprecedented in the last half-century: since 2012, Spain accumulated year-to-year current account surplus, starting a phase of economic growth that, for the first time since the start of the historical series in 1960 , is not supported based on funding from the outside, but by reducing the huge external debt of the country. This was the large-sample