Accelerate the economic growth ofEurozone and, in particular, of Spain. To say it is a report by Standard & Poor's, according to which the GDP of the currency union will increase by 1,6% in 2015 and by 1,9% in 2016, up on the forecasts (+1,5% and +1,7%) published in March. Above all, the increase in consumption is driving the Eurozone economy.
Furthermore, according to the rating agency, the economic recovery currently underway could gain further momentum over the next two years.
Standard & Poor's revised its estimates upwards Italian GDP this year and next, indicating growth of 0,5% in 2015 and 1% in 2016, thanks to the "modest recovery in consumption" and the "strengthening of exports".
The strongest upward revision, however, is that obtained by the Spain, which goes from a growth estimate of 2,2% in 2015 to a forecast increase of 3%. In 2016, according to Standard & Poor's, the Spanish economy will grow by 2,6% (against the 2,4% estimated in March). Forecasts for the French economy are also up, to 1,3% for 2015 and 1,6% for 2016.
