Bank of Spain reports growth increase

Source: Bloomberg
Spain economic growth quickened in the second quarter of the year as the country is ready to start the second year of the upturn from the most severe recession in its democratic history. GDP grew 0.5% from the first quarter, when it increased 0.4%. The Prime Minister of Spain is loosening the efforts to cut the country's budget deficit to increase demand and lower the dependence on the overseas sales.

 

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