Spanish growth data disappoint

Spain’s economy, unlike those of Germany and France, performed worse than expected in the second quarter of 2009 and remains mired in a deep recession, according to the latest official growth statistics released on the 14 August 2009.

Spain: Instituto Nacional de Estasidistica (INE) http://www.ine.es/welcoing.htm

Spain: INE: Press Release, 14.8.09: Gross Domestic Product registers a 4.1% decrease in the second quarter of 2009 http://www.ine.es/en/prensa/cntr0209a_en.pdf

ESO: Background information: Spanish figures sum up Europe’s plight http://www.europeansources.info/record/spanish-figures-sum-up-europes-plight/

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