Spain exits recession in third quarter: Central Bank

Last Updated: Wednesday, October 23, 2013 - 15:07

Spain escaped from its two-year recession in the third quarter of this year with growth of 0.1 percent, the country`s central bank said on Wednesday.

The rate at which jobs were being destroyed also eased to its slowest rate since the start of the crisis, the bank added in a quarterly report. The jobless rate was 26.3 percent in the second quarter.


First Published: Wednesday, October 23, 2013 - 15:07

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