💨 Abstract

Catastrophic floods in eastern Spain in October have resulted in a projected 0.2% decrease in the country's GDP for the fourth quarter, according to the Bank of Spain. More than 200 people died in the deadliest floods in Spain's history, primarily in the Valencia region. The Spanish government has announced a €14.36 billion aid package to help with the economic impact.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖