25.02.2015 - The Spanish Government has improved the country's economic growth forecast
Prime Minister of Spain, Mariano Rajoy said about the revision of the forecast for GDP growth in Spain in 2015 to 2.4%, which is 0.4% more than the previous figure. In addition, it was noted that this year the country may show a positive balance of payments. Last year, GDP grew for the first time since 2008. Increase in the rate was 1.4%. Spain has successfully exited from recession, but the main problem remains the country's high unemployment rate. Despite the improvement in the fourth largest Eurozone’s economy, we maintain a medium-term negative outlook for the euro and expected the fall to levels 1,10-1,11 in the medium term.