Money Spain: Corona crisis drives people into poverty

10:15  01 june  2020
10:15  01 june  2020 Source:   de.euronews.com

Jan Hofer could just pay the rent from his pension

 Jan Hofer could just pay the rent from his pension © imago images / epd Will Jan Hofer retire at the end of the year or will he stay at the "Tagesschau"? The contract for the "Tagesschau" actually ends this year, but whether Jan Hofer is postponing his pension is still open. The Corona crisis swirls a lot in his plans ... moderator Jan Hofer (70) and the "Tagesschau" are actually inseparable. Nevertheless, the contract with the chief spokesman for the news format actually expires at the end of the year.

The problem is global, with Oxfam saying the economic crisis caused by the pandemic could push 500 million people into poverty . In Spain , the lockdown has hammered an economy with one of the highest rates of unemployment in the eurozone, second only to Greece. “This situation has impacted, first and

Crises like the coronavirus can deepen the gap between the haves and have-nots.Credit As a result, people at the lower ends of society are about 10 percent likelier to have a chronic health condition. Government-imposed shutdowns, like those announced by France and Spain this weekend, do come

  Spanien: Coronakrise treibt Menschen in die Armut © Provided by Euronews

Spain wants to extend the controversial state of emergency to contain the pandemic until June 20.

At the same time, the economy should be boosted again. According to Prime Minister Pedro Sanchez, this could only have recovered in two years.

In the big cities, like here in Madrid, more and more people are queuing for free food. Those who are not permanently employed suffer most from the corona requirements:

Emma Lopez Garcia, Hauspflegerin DKTV2 © Provided by Euronews Emma Lopez Garcia, housekeeper DKTV2


"The corona virus has made me unemployed. It is now difficult to get the necessary food . " "There is no more work. My husband had the corona virus and died of it. It's a terrible time for me. But you have to be strong and keep fighting." "It is really sad - because we are fine, normally we could work, but in the middle of this crisis this is not possible, we have to deal with it".


Spain votes to establish a “minimum living income”

 Spain votes to establish a “minimum living income” © Andres BALLESTEROS / POOL / AFP Prime Minister Pedro Sanchez during a session in the Spanish Parliament on May 20, 2020. It's official, the socialist government of Pedro Sanchez gave the green light to a project long awaited by the electorate of the left, and by its ally Podemos: the establishment of a "minimum living income" and that from June 15. One way to fight rising poverty in a country hit hard by the pandemic. 850,000 families should receive between 462 and 1,015 euros.

Spain ’s crisis has demonstrated that one symptom of the virus, by now as persistent as the fevers, aches and labored breathing it brings, has been Spain watched Italy, he acknowledged, but with the mitigating factor that many scientists believed until recently that asymptomatic people were probably

The coronavirus pandemic will turn global economic growth "sharply negative" this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said the world faced the worst economic crisis since the Great Depression of the 1930s.

Paula Andrea, Arbeitslose AFP © Provided by Euronews Paula Andrea, AFP unemployed

According to charities, the economic crisis caused by the pandemic could drive 500 million people worldwide into poverty.

For our comprehensive corona reporting, download the Microsoft News app on Windows 10 , iOS or Android .

The unemployment rate in Spain has increased enormously due to the lockdown and has become the second highest in the euro zone behind Greece.

bankruptcies decrease despite corona crisis - filing of applications for companies is suspended .
© Reuters / ANTONIO BRONIC Euro currency bills are pictured at the Croatian National Bank in Zagreb Berlin (Reuters) - Despite the recession due to the virus pandemic, the number of company failures is high recently dropped in Germany. Reason is that the insolvency application for companies in the corona crisis has been suspended from March 1 to the end of September, the Federal Statistical Office announced on Monday.

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