Politics

Rajoy said that economic data are hope for all Spanish

Economic growth

USPA NEWS - The acting President of the Spanish Government, Mariano Rajoy, believes that the growth of Gross Domestic Product (GDP) and employment shows that Spain will consolidate an economic recovery that will reach all citizens.
Mariano Rajoy Thursday expressed satisfaction with the data confirming GDP growth of 0.8% in the first quarter and 3.4% year on year. He also noted that the figures reflect "significant employment growth", as they have created 533,000 jobs in the past year. The acting president of the Spanish Government predicted that the target of creating 500,000 jobs a year will be met this year and the growth forecast of 2.7% will rise to 3%. In his view, a "little common sense, maintaining the same policies, building confidence and giving certainty, Spain will consolidate economic recovery and will do reach everyone."
With regard to employment, adding that all sectors have grown, but he was "concerned a little construction sector, which suffers political uncertainty There are some decisions and some municipalities that are crippling public works." He added: "I'm sure that as soon as the situation normalizes also going to be like everyone else." Rajoy said he was "happy because these economic data encourage us to work hard for the future, are a light and pose a hope that things will go better all the Spaniards in the future."
Liability for this article lies with the author, who also holds the copyright. Editorial content from USPA may be quoted on other websites as long as the quote comprises no more than 5% of the entire text, is marked as such and the source is named (via hyperlink).