Spain to revise economic growth forecasts for 2014, 2015

MADRID, July 29 Tue Jul 29, 2014 6:15am EDT

Related Topics

MADRID, July 29 (Reuters) - Spain's Economy Minister Luis de Guindos said on Tuesday the government would revise its current economic growth forecasts to around 1.5 percent growth this year and to around 2 percent next year.

The government currently sees the economy expanding by 1.2 percent in 2014 and 1.8 percent in 2015 and the new guidance on official forecasts, to be finalised in September, comes after a similar update by the Bank of Spain last week. (Reporting by Carlos Ruano, Writing by Paul Day, Editing by Sarah Morris)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video