According to what was announced today by the government, Spain expects a further 1,3% drop in GDP in 2013, while a recovery in growth is announced starting next year: the predicted rate is +0,5%, with the unemployment which should fall to 26,7% in 2014 and 25% in 2015.
In recession since 2011, the fourth economy in the Eurozone closed 2012 with a decrease in their domestic product of 1,37%, and in the first quarter of the new year saw unemployment reach a record rate of 27,16%. i.e. over 6 million unemployed in the country.
