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Spain out of recession

Spain is officially out of recession after recording its first economic growth for two years. Data f...
TodayFM
TodayFM

9:40 AM - 30 Oct 2013



Spain out of recession

News

Spain out of recession

TodayFM
TodayFM

9:40 AM - 30 Oct 2013



Spain is officially out of recession after recording its first economic growth for two years.

Data from the country's national statistics agency shows Spain's GDP grew 0.1% in the third quarter, after nine quarterly contractions.

The figures confirm estimates from the Bank of Spain.

However Spain still has one of Europe's highest levels of unemployment.



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