IMF Praises Spain’s Economic Reforms, Warns Against Backtracking

Where's the Credit Worthiness Trust in Europe?

Where's the Credit Worthiness Trust in Europe?

(Bloomberg) -- IMF said Spain is seeing benefit of economic reforms and repeated warning that backtracking would be a mistake.

* Report published Friday notes recovery has gathered speed

due to combination of structural reforms, rebound in

consumption and faster job creation * It maintained forecast for expansion of 3.1% this year and

2.5% in 2016, outpacing the euro-area avg * Story link

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