Thursday, 23 October 2014

Government confirms that economic growth will continue in 2015

 
The Spanish Prime Minister, Mariano Rajoy, the High Commissioner for Marca España, Carlos Espinosa de los Monteros, and the  Deputy Governor of the Bank of Spain, Fernando Restoy, confirmed that the good forecasts for the Spanish economy are set to continue in 2015, during the summit dedicated to Spain held by the British newspaper The Financial Times.
     
In the summit the Prime Minister guaranteed that this year Spain would meet the deficit of 5.5% of GDP agreed with Brussels and the deficit of  4.2% undertaken for 2015, a target that would be more attainable as economic growth is consolidated. Espinosa de los Monteros said that Spain's current situation is “completely different” to its situation in 2012 and he added that this is backed by investment banks, the media and financial analysts. Regarding the future, he expressed his confidence that it would continue "in the same direction" in order to achieve the deficit and unemployment reduction targets.

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