De Guindos expects the GDP to grow by around 0.8% in the first … – Terra Colombia

The Spanish Economy Minister Luis de Guindos said Monday that the country’s Gross Domestic Product would have grown around 0.8 percent in the first quarter, and for the whole of 2015 the Spanish economy would increase from 2.5 to 3 percent.

The Spanish Economy Minister Luis de Guindos said Monday that the country’s Gross Domestic Product would have grown around 0.8 percent in the first quarter, and for all 2015 the Spanish economy would increase from 2.5 to 3 percent. In the picture, the minister during an interview with Reuters on March 4 in Madrid.

Photo: Andrea Comas / Reuters

De Guindos said the Government submitted in late April to Brussels economic projections, and that the March unemployment data – that the minister expects positive – would be a key factor to adjust the projections.

In the economic forum Five Days in Madrid, the economy minister said that policy of the European Central Bank will have a positive impact is already noticeable in inflation expectations in the eurozone.