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Spain’s economy has recovered strongly following the Eurozone crisis. In 2016, Spain’s GDP growth (2.6%) is forecast to exceed that of both the UK (1.9%) and Germany (1.5%) and remain well ahead of the Eurozone average over the next three years.
Ultra-loose monetary policy by the European Central Bank and low oil prices have led to an increase in consumer spending, higher employment and rising household incomes. The market fundamentals are improving but there remains a backdrop of global uncertainty.
Source : Knight Frank
