Friday 5 December 2014

Economy of Andalucía to grow by 1.8% in 2015

  • Domestic demand grows thanks to fiscal encouragement
  • Tourism numbers also in expansion

  • SEVILLE -- The analysis service of BBVA bank reported recently that the economy of the Andalucía Region will show growth of 1.3% by the end of this year and increase by 1.8% in 2015. This, according to Rafael Doménech, head economist of the Developed Economies department of BBVA Research, is within the context of general growth of the Spanish economy, which "is growing despite stagnation in the EuroZone." And according to a previous report, Situación Andalucía, issued during the first half of 2014, "the economy of Andalucía is expanding well ... and it is evident that it is in full recovery."

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