Linde points to growing ‘dynamism’ in Spanish economy
Bank of Spain governor discusses economic outlook
The Spanish economy has "gradually strengthened its dynamism", according to Bank of Spain governor Luis Linde, who predicted that the annual growth rate of GDP would "approach" 2% in the last quarter of the year.
In a speech at the country's parliament on Tuesday, the governor suggested the Spanish economy could grow "on average" at around this rate throughout 2015.
Linde said the Spanish economy is in a recovery phase, and in the process of "correcting large imbalances accumulated during the
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