Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Bank of Spain predicts economic growth of 2.1 pct in 2018

Source: Reuters - Tue 7th Jun 2016
Bank of Spain predicts economic growth of 2.1 pct in 2018

The Bank of Spain forecast economic growth of 2.1% in 2018 and reiterated recent predictions of a gradual slowdown in medium-term growth rates on Tuesday.

The Spanish central bank stuck to its forecast for 2.7% growth this year and 2.3% in 2017, after last year's 3.2% expansion. It said growth rates would ease as the effects of the depreciation of the euro and low oil prices wear off.

It is the first time it has issued a forecast for 2018.

Last Friday, the Bank of Spain warned that political uncertainty in the wake of December's inconclusive election could hurt economic growth due to stalled policymaking.

Spain returns to the polls on June 26 after its political parties failed to agree on the formation of a government following the December ballot. The results of the new vote are expected to be broadly similar, however.

Recommended Reading :

* Almost 30% of Spaniards at risk of poverty or social exclusion

* Spain tops Eurozone for political risk to the economy : ECB

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.