Spain economy shrinks in second quarter; forecasted to contract 1.7% this year

Spain's economy shrank further in the second quarter but looks set to stabilise over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said.

Source: http://en.mercopress.com/2012/07/02/spain-economy-shrinks-in-second-quarter-forecasted-to-contract-1.7-this-year?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

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