Spanish growth soars as Eurozone stumbles

Published on
May 15, 2024

Great news for the Spanish economy - Spain is set to surpass the US to become the world’s fastest-growing major advanced economy this year, expanding at more than three times the pace of the Eurozone as a whole.

Economists polled by forecasters Consensus Economics expect GDP data this week to show Spain is on course to grow 2.7 per cent this year, fuelled by a combination of immigration, tourism, foreign investment and public spending.

https://www.ft.com/content/eac9c198-1b33-418d-a239-a05538bd0056?accessToken=zwAGJa_lxWOYkdPqycGYGzNBjdOiOaBVOL0AVg.MEUCIQCailM6qH0bWYvqknWqCld5V9yaGVuQM2Q_fbX1x7wJpAIgXWj0X-ngmBYwJywJQye6I4yRo5LKZ_-UUbG0srrCD1A&sharetype=gift&token=81f304dc-1b57-46a5-a2ac-562790bd3203

Article credits to go the Financial Times.

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