Economics

Spain Plans to Spend $8.2 Billion to Boost Growth

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Spanish Prime Minister Mariano Rajoy said he’ll set out a plan to boost economic growth, competitiveness and efficiency in Europe’s fifth-largest economy next week.

The growth program will deploy more than 6 billion euros ($8.2 billion) of spending and will be followed up with changes to the country’s employment rules before the government winds down its activity for the summer break in August, Rajoy said at a conference in Sitges, Spain today.