JPMorgan about Spain

Spain is back

JPMorgan: “Spain is Back”

NEW YORK | By Ana Fuentes | Spain is coming back stronger the playing field, according to JPMorgan. In a report titled ‘Spain is back’, released on Friday, the financial institution predicts that the Southern European economy will grow by 1 per cent on 2014, based on “encouraging” results in industrial production, exports and consumer spending and confidence.That is 0.3% more than what the Spanish Government itself expects, 0.5% more than both S&P and the European Commission forecast and 0.8% more than the IMF experts said in October.