‘Climate of greater optimism’ prevails in Spain
Financial sector showing signs of return to health
Volatility has given way to a "climate of greater optimism" in Spain, according to the Bank of Spain's latest financial stability report, published on May 6.
Growth accelerated to 0.9% quarter-on-quarter in Q1 2015, accompanied by "more buoyant" employment. Forecasts predict the improvement will continue, although it is not without risks, the central bank says.
Conditions have also improved in Spain's battered financial markets. The aggregate stock of credit to the resident private sector
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