News Headline Summary

Spanish PM Rajoy says Spain is to have growth in 2014

- Spanish economy to be better in 2013 than 2012.
- Spanish economy may do better than forecast this year.
- Spain's biggest problem is not a deficit.
- The biggest problem is affordable financing.
- Budgetary measures are absolutely necessary.

Update details:

- Spain's most recent GDP Q3 final reading showed a contraction of 0.3% Q/Q & -1.6% Y/Y.

Print 12:19, 19 Nov 2012 - Economic commentary - Source: Newswires