Spain Seen Losing Momentum as Threat of New Vote Rises: Chart

The Spanish economy probably grew the slowest in two years this quarter as the nation edged closer to a third round of national elections, according to a Bloomberg survey. While Spain has largely shrugged off political uncertainty so far, the nine-month deadlock -- along with a weaker global backdrop -- could be starting to hurt momentum as the next government’s to-do list grows. The Bank of Spain may provide its own insights into just how much politics is hurting growth when it publishes its economic assessment in the coming days.

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