MADRID (MarketWatch)
Spanish gross domestic product contracted 0.4% in the
second quarter, versus the prior quarter, according to preliminary estimates
released by the national statistics office Monday
On an annual basis, GDP
contracted 1%
Both figures matched figures released from the Bank of Spain
released a week ago
The International Monetary Fund said Friday that the
economic outlook for the country "remains very difficult and vulnerable to
significant downside risks."
Fears that the country may need a full bailout
pressured Spanish bonds in recent weeks, sending yields soaring
Yields
retreated late last week, however, on speculation the European Central Bank
could take action aimed at bringing down borrowing costs
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
martes, 31 de julio de 2012
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