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Spain's Rajoy sees growth of at least 2 pct next year

Source: Reuters - Mon 8th Dec 2014
Spain's Rajoy sees growth of at least 2 pct next year

Spain's economy should grow by at least 2.0% next year, making it the EU's fastest growing economy, Spanish PM Mariano Rajoy said during a visit to Mexico on Sunday.

"The government's forecast is that there will be growth of 2.0% next year," Rajoy said at an event in Veracruz, Mexico.

"If certain factors affecting the exchange rate and prices of raw materials persist, Spain can grow more than 2.0% in 2015 ... and it will be the fastest growing country in the EU," he said.

Spain's economy grew 0.5% in Q3, boosted by a rebound in domestic demand, though some economists believe the country will struggle to remain immune to a slowdown among its main trading partners in the Euro zone.

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