Arab Today, arab today spanish economy slows in second quarter
Last Updated : GMT 03:16:34
Arab Today, arab today
Arab Today, arab today

Spanish economy slows in second quarter

Arab Today, arab today

Arab Today, arab today Spanish economy slows in second quarter

Madrid - AFP

Spain\'s economy slowed in the second quarter of 2011 as it weathered a deepening sovereign debt crisis, the central bank said Friday. Growth slowed to 0.2 percent in the second quarter from 0.3 percent in the first three months of the year, it said. \"The available information on the second quarter suggests a weakening of activity in an environment marked by the deepening eurozone sovereign debt crisis,\" the Bank of Spain said. As in the first quarter, exports allowed Spain to show growth despite weak consumer spending and investment at home. The Spanish economy slumped into recession during the second half of 2008 as the global financial meltdown compounded the collapse of a property bubble. It stabilised in 2010. Spain\'s staggering unemployment rate -- 20.89 percent in the second quarter of 2011 -- has helped to whip up a nationwide \"indignant\" protest movement against the pain caused by the economic slump. The Bank of Spain forecasts growth of 0.8 percent in 2011 and 1.5 percent in 2012 while the government is tipping a more optimistic rate of 1.3 percent in 2011 and 2.3 percent in 2012.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spanish economy slows in second quarter Arab Today, arab today spanish economy slows in second quarter

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spanish economy slows in second quarter Arab Today, arab today spanish economy slows in second quarter

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday