Spain’s economy has emerged from recession after growing for the first time in more than two years, according to estimates from the Bank of Spain.
Spain’s gross domestic product (GDP) grew by 0.1% between July and September, the bank said.
However, GDP was still 1.2% lower in the quarter compared with the same period last year.
Spain’s economy has been struggling ever since the credit crisis struck in 2008.
The bank’s figures are an estimate, and the country’s National Statistics agency INE is due to release preliminary third quarter GDP data on 31 October.
via BBC
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