Spain outperforms Germany and major European economies
The devaluation of the euro to 1.11 against the US dollar helps boost its tourism and motor industries
London
FOLLOWING a deep recession four years ago, a steep recovery of the Spanish economy has foiled forecasters.
Indeed, at growth rates over 3 per cent, Spain has outperformed Germany and other major European countries by a wide margin. The nation, however, still has major problems as it hasn't been able to form a stable government, and after two elections in December 2015 and June this year, is expected to have another one in December.
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