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Spain PM says economy will grow in 4th quarter

Spain PM says economy will grow in 4th quarter

Spain's prime minister says he expects the economy to grow in the fourth quarter as the country emerges from nearly two years of recession.
Jose Luis Rodriguez Zapatero says that a year ago he predicted that 2010 would be a year in which Spain would pass from recession to economic recovery.
Speaking Thursday, he said, "This has happened."
Zapatero said none of the four quarters this year had shown negative growth and he expected the final quarter would be positive.
Official figures show Spain's third-quarter economic growth was flat after two quarters of weak growth, although it was up 0.2 percent year-on-year _ the first such rise in seven quarters.
Spain has been the slowest of Europe's main economies to emerge from recession.


Updated : 2021-05-18 07:08 GMT+08:00