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The Impact of Long COVID on Spain's Economy
In 2020, due to the severe measures of lockdown, Spain's economy shrank by 11%. The country was buoyed by funding from the European Union's Recovery Fund. It received one of the highest payments, $148 billion, half of which were grants and remained a given as a loan. In 2019, it hit its boom in tourism. A record 84 million tourists visited the country.