
Spanish economy grew 3.2% in 2015
4Q growth of 0.8% boosts overall annual expansion to levels not seen since before crisis

4Q growth of 0.8% boosts overall annual expansion to levels not seen since before crisis

Organization sees Spanish GDP growing 3.1% this year It has also improved its forecast for the country’s unemployment rate

IMF forecasts global GDP growth of 3.1 percent in 2015, its lowest rate for six years Outlook for LatAm particularly gloomy due to commodity prices and Brazil’s recession

Budget for next year proposes 3.8% rise in social spending Public servants promised their first pay raise since 2009

IMF and OECD are forecasting a rise of 3.1% in economic output and a 2.9% surge in jobs

Ibex 35 benchmark index closes down 4.56%, the biggest drop since August 2012 Analysts say a Grexit would have a “limited” effect on Spain's recovery in the short term

Sales to foreign markets surpass €23bn for first time as trade deficit drops to €890m

GDP grew 0.9% between January and March, according to statistics institute flash estimate

Around 114,300 jobs were lost and workforce shrank, but year-on-year data shows growth

Multi-billion investments made by past and current governments off track, report concludes

Jobless claims declined as 96,909 workers joined the Social Security rolls

National Statistics Office confirms GDP grew 1.4% last year with 0.7% rise in fourth quarter

Juan Carlos Monedero insists that he has not committed fraud The sum covers back taxes and penalties levied on earnings from Latin America

Asset-purchase program likely to help homeowners, tourism and exports

Forecast, which includes creation of 348,200 jobs, comes despite effect of euro-zone slowdown
Inclusion of illicit activities and other changes to calculation methodology boost 2013 total by 2.6%

Ángel Gurría describes country as the “best example of how reforms can work”

Preliminary data by National Statistics Institute suggests sustained GDP growth over the last year

Government reform specifically omits sports professionals from lower tax regime

Long-term unemployment rose 22% last year, to 1.275 million Experts warn problem will be lasting legacy of the economic crisis

Estimates will be officially announced when Madrid sends Brussels its stability program next week
The differential between the Spanish and German benchmark bonds hits 164 basis points That was the level that triggered “the biggest adjustment in democracy” under former Socialist PM
New figures released by Bank of Spain see economy growing by 1.7 percent next year
Families cut back on spending in third quarter of last year
Drastic deleveraging by banks pushes the figure down to 1.66 trillion euros
New figures reveal that Spain's GDP per capita figures for 2012 are at 96 percent of the EU average

Spain views inflation drop as an indicator that adjustment is on the right track