17082
Spain Expects Stronger Growth
World Economy

Spain Expects Stronger Growth

Spain’s economy minister says the country’s economic growth is likely to pick up speed and could hit 3.5 percent this year, AP reported. Luis de Guindos said Monday that indicators point to an acceleration in the economy, which grew by a robust 0.9 percent in the first quarter compared with the previous three-month period. He said growth in 2015 as a whole would be closer to 3.5 percent than to the government’s previous 2.9 percent prediction. Spain was battered by the financial crisis and only emerged from a double-dip recession at the end of 2013. Its economy has grown for the past seven quarters. The ruling conservative Popular Party hopes the recovery can limit its plunge in popularity in time for municipal and regional elections May 24 and general elections later this year.

 

Short URL : http://goo.gl/JNPHo8

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Trending

Googleplus