18 Sep, 2022 @ 12:57
1 min read

More than half of Spaniards believe that the economic situation is bad or very bad

Move to EU more and more attractive for young Brits
Move to EU more and more attractive for young Brits

SOME 71% of people surveyed believe the economic situation of Spain is bad or very bad.

Just 18.4% consider that the economy is ‘not bad’ or good.

In the survey by broadcaster Antena 3, people were also asked their forecast for rising prices  – some 82% think that theprice of gas would increase during the next month.

But also, electricity, food and petrol would be more expensive.

The inflation has heavily affected Pedro’s Sanchez government – another survey published by Antena 3 predicted that if the general elections were held today, Partido Popular would win the general elections.

Earlier this year Prime Minister Sanchez warned that the Russian invasion of Ukraine would impact Spain’s economy and cause an increase in energy bills.

But in terms of tourism, the impact would likely be small.

“The result will be an economic slowdown and less investment at a key moment for Europe as we consolidate the recovery from the Covid-19 crisis,” said Sanchez.

Luckily the impact on Spain will be ‘more limited’ than other European countries as imports from Russia only amount to 4.6% of oil and 8% of gas.


Jorge Hinojosa

Jorge Hinojosa Mena was born and bred in Madrid before moving to the UK to study. After an undergraduate degree in Manchester, he completed an MA in International Journalism at City. He has worked in radio and for Spain’s Efe news agency before joining the Olive Press in March 2022. Contact: [email protected]

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