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Moody's raises Spain rating outlook to stable

Last Updated: Thursday, December 05, 2013, 10:07

Moody's has raised its rating outlook for Spain to "stable" from "negative", citing signs of real improvement in the economy and government finances.

Spain confirms exit from recession

Last Updated: Thursday, November 28, 2013, 17:24

Spain Thursday said it has technically escaped a two-year recession by posting feeble growth in the third quarter, but with an unemployment rate still towering at 26 percent.

Spain exits recession, raising timid hopes for Europe

Last Updated: Wednesday, October 23, 2013, 21:04

Spain inched out of its two-year recession with timid growth in the third quarter, the country`s central bank said on Wednesday, fuelling fragile hopes of a broader eurozone recovery.

Spanish debt to near 100% of GDP in 2014

Last Updated: Tuesday, October 01, 2013, 12:03

Spain's public debt will reach 99.8 percent of the gross domestic product at the end of 2014, totaling some 1.05 trillion euros (about USD 1.41 trillion), the government has announced.

Economy contracted in second quarter: Bank of Spain

Last Updated: Wednesday, July 24, 2013, 12:41

The economy contracted 1.8 percent on a year-on-year basis, the Bank of Spain Economic Bulletin said.

Spain will emerge stronger from economic crisis: Rajoy

Last Updated: Monday, May 13, 2013, 10:52

Spain will emerge stronger from the economic crisis and will return to prosperity, Prime Minister Mariano Rajoy said ahead of the Iberian Summit.

Spanish economy will recover in 2014: Mariano Rajoy

Last Updated: Thursday, May 09, 2013, 18:18

Spanish Prime Minister Mariano Rajoy called Wednesday for staying the course on the reforms implemented by his government and said that adjusting the deficit target had avoided "the strangulation" of society.

Spain's economy contracts

Last Updated: Wednesday, April 24, 2013, 15:45

The Spanish economy contracted 0.50 percent in the first quarter, the Bank of Spain said.

`Spain's recession could continue into 2014'

Last Updated: Thursday, April 11, 2013, 10:39

The economic recession that has affected Spain since 2011 could continue into next year despite forecasts that the Spanish economy could grow 0.80 percent over the next year, the European Commission said Wednesday.

Spain's GDP to contract

Last Updated: Wednesday, April 10, 2013, 15:18

Spain would suffer a GDP reduction of between 0.5 and 0.6 percent in the first quarter of 2013, said Spanish Economy Minister Luis de Guindos.

Bankruptcies rise in Spain

Last Updated: Thursday, March 21, 2013, 12:23

Families and firms in Spain declaring bankruptcy rose by 27.1 percent in 2012 in comparison with 2011, according to data published by the Spanish National Institute of Statistics (INE).

Spain will revise 2013 economic forecast: Rajoy

Last Updated: Thursday, March 21, 2013, 12:16

Spanish Prime Minister Mariano Rajoy said Wednesday that his government will almost certainly revise its economic outlook for 2013.