Spain outperforms Germany and major European economies

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.

The People's Party's acting Prime Minister Mariano Rajoy is still str…