Bank of Spain warns of indirect hit to economy, banks from Ukraine conflict
Published on: Tuesday 26 April 2022
Russia's invasion of Ukraine and the subsequent acceleration of inflation could have a significant indirect impact on the Spanish economy and banks, even though their direct exposure is very limited, the Bank of Spain said on Wednesday.
News source: https://www.reuters.com/world/europe/bank-spain-warns-indirect-hit-economy-banks-ukraine-conflict-2022-04-27/