When Covid hit, Italy, Spain and France's public finances were already under strain, while German-dominated north had more fiscal firepower to ride out the crisis.
Spain became the second European country after Italy to report more than 20,000 deaths linked to the virus after authorities reported another 565 victims Saturday.
The persistent increase in cases complicates efforts by European leaders to gradually ease rules that have been put in place to slow the spread of the virus.
Spain’s health-care system is at breaking point after the number of people sent to intensive care on Saturday surpassed the official capacity of 4,404 beds.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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