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

Spain raises growth forecast for 2017, 2018

Source: Reuters - Mon 3rd Jul 2017
Spain raises growth forecast for 2017, 2018

Spain raised its official growth forecast for this year and next on Monday, though Economy Minister Luis de Guindos noted that the new target is still a very conservative figure and that he believed Spain would grow more.

"I'm convinced that we will be able to beat these figures and will upwardly revise our forecasts," de Guindos said.

The government sees Spain growing 3.0% year on year in 2017, up from a previous forecast of 2.7%, and by 2.6%next year, up from 2.5% previously.

Spain's unemployment rate, currently the 2nd highest in the EU after Greece, should end 2020 at 11.1%. That compared to 18.6% at the end of 2016 and a forecast for 16.5% this year.

On the 2018 budget, the government planned to raise the spending cap by 1.3% compared to 2017, the Budget Minister Cristobal Montoro said.

Recommended Reading :

* Spain to raise 2017 economic growth forecast to 3.0%

* Brussels boosts Spain's growth forecast for 2017 to 2.8%

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.