Brussels improves Spanish forecasts for growth (+2.1%) and deficit (3%) in 2024
The European Commission (EC), in its new macroeconomic estimates, has revised upwards Spain’s Gross Domestic Product (GDP) growth in 2024 from 1.7% to 2.1%. This is well above the Eurozone average (0.8% and 1.4% respectively) and ahead of the major economies (Germany will have no growth this year and France and Italy just 0.7% and 0.9%), and is a four-tenths improvement on what the Commission thought would happen in February,…
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