glimpsed a reduction in domestic demand and considered to influence the European march
Bolsamanía | Bolsamania | Sep 11, 2014 14:02 – Updated: 14:15 | Discuss | | |
The Foundation of Savings Banks (FUNCAS) has challenged “the solid roots” of recovery that defends Rajoy. The agency has revised down its forecast for 2014 GDP growth to 1.3% as it warns of a slowdown in consumption in the second half and the impact of the European march.
“ The main risk to this forecast scenario comes from the evolution of the euro area , the main economies are in recession or stagnant,” says the report Func, adding that if the Eurozone not back in the coming quarters, “the recovery of the Spanish economy would be slowed.”
GROWTH FOR 2015
Although the Spanish economy grow a tenth less than anticipated this year as estimated by Func, the body maintains a positive evolution of GDP by 2015 set at 2.2% .
Over the employment trends, the report considers that the unemployment rate will fall to 24.5% in 2014 and 22.5% in 2015 , though she says that this reduction will be accompanied by a fall in . workforce
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