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Spanish businesses struggle with soaring prices

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People in Europe were already battling rising living costs after the COVID-19 pandemic. But the conflict in Ukraine has pushed fuel and food prices even higher, threatening to undermine a fragile economic recovery.

And one of the worst hit countries is Spain. Reports say 95% of small and medium-size businesses are now trying to survive soaring costs and inflation. Jaime Velazquez reports from Madrid.
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