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Spain economy in a virtuous circle; recovery still under threat: IMF

Monday, January 26, 2015 - 05:50
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Mr Guindos says his conservative government may raise its 2 per cent growth forecast for this year

Madrid

SPAIN has emerged from a devastating crisis and entered a "virtuous circle" with faster growth than its neighbours, says the International Monetary Fund (IMF) but it warns that high unemployment and the rise of populist parties still threaten the recovery.

The IMF raised its