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Valencians struggling to recover from devastating floods

BBC Business LogoBBC Business14h ago

Valencians struggling to recover from devastating floods - BBC Business

Quick Summary:

The Spanish region was badly hit by flooding in October, and the clean up is far from over.

In total, the province of Valencia represents 5% of Spain's GDP, according to CaixaBank Research, which estimates that the disaster could reduce national economic output by one to two percentage points in the fourth quarter of 2024.

Mazón has rejected such claims."We did the best we could with the information available," he says.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 00:12:37 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1264 words

Reading Time: 8 minutes read

Sentences: 50 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24577992

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 2 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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