The Minister of Economy and Competitiveness Luis de Guindos, advancing the growth of the Gross Domestic Product (GDP) will be close to 1.5% this year and 2% next year despite the economic slowdown that has occurred in the year Eurozone and the Russian ban on the importation of perishable products, both of which, in his opinion, do not compromise the Spanish growth.
“Current forecasts are 1.2% and 1.8%, obviously if there is an improvement, we will approach the 1.5% and 2%,” the minister said in an interview with Europa Press and based on leading indicators of growth and jobs are better than expected macroeconomic picture in April. According to de Guindos, the improvement will be noticed, especially in the magnitudes of employment, as it expects the creation of jobs to double in 2015.
This past April, the government said that Spain would create 600,000 jobs in terms of the Labour Force Survey for 2014 and 2015, while the number of unemployed will decrease by 800,000, figures that are expected to be improved the next September.
This positive development can occur because, even though the Spanish economy is closely linked to Europe, now has a “very strong” economic fundamentals that allow you to deal with the slowdown of the environment and avoid what happened in late 2010, when the small recovery “sold out” by another economic slowdown. In fact, remember Guindos that Spain has been one of the countries in Europe that has grown in the first half despite Europe’s stagnation, with four consecutive quarters of increases that allow the country to take a cruise.
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