EC raises economic growth for Spain

The European Community has raised its 2015 economic growth forecast for Spain to 2.8%, an increase of a half-point on its previous prediction. However that figure still falls short of the Spanish government’s target of 3%.Next year, European officials think Spanish GDP will expand 2.6%. The latest forecast shows the optimism about a recovery in Spain, whose economy is at present one of the fastest-growing on the continent.

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