A two-pronged adjustment

July 1, 2010

The Spanish economy grew by 0.1% in the first three months of the year, which, technically, means it has moved past the recession phase.

This may offer some consolation to some, but what should truly focus our attention is how to overcome the damage caused by the deepest and most prolonged crisis of the last fifty years, and how to lay the foundations for sustained and stable growth.

Read the article by Federico Prades of the AEB, published in Actualidad Económica.

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This content has been automatically translated and may contain inaccuracies.