Spain's GDP up 3.8 %
Thursday, November 23, 2006
One more example of the thriving Spanish economy, and the effects of booming tourism growth.
Spanish gross domestic product in the third quarter grew 0.9 percent from the second quarter and 3.8 percent on the year, according to data released Wednesday by the National Statistics Institute.
Spain's economy is one of the Europe's fastest growing for over a decade, due primarily to strong internal consumption and 'Bubbling' housing market. The IBEX, Spain's stock market, is one of the top world performers in developed countries, and should bring even more promise to all South European Economies.
Other European stories:
A New Labor Law for Europe?
The European Commission will debate minimum rights for non-standard workers and how labor laws should reflect the changing definition
The European Commission will on Wednesday (21 November) launch a public debate on whether the EU needs new labour laws to define a 'worker' in the EU or minimum rights for workers with non-standard contracts.
In Business Week, read the rest here
posted by IntoBlogs @ 9:03 PM,
