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Country Report Spain

 

 

Summary of Country Report

Spain - January 2012

  


The new government quickly needs to act in order to retain market confidence

  • The forecast of economic activity in 2012 points towards a weak growth of 0.2%.
  • Sectors related to state investments and private consumption face more problems.
  • Business insolvencies expected to have increased 14% in 2011.
  • Given the high insolvency level at present, we foresee a mere stabilisation, despite the weaker economic outlook.

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report on Spain

 
General Information

Capital: Madrid
Currency: Euro (EUR)
Population: 46.7 million
 
Main import sources (2010)

  • Germany: 12.6%
  • France: 11.5%
  • Italy: 7.3%
  • China: 6.8%
  • The Netherlands: 5.6%

Main export markets (2010)

  • France: 18.7%
  • Germany: 10.7%
  • Portugal: 9.1%
  • Italy: 9.0%
  • UK: 6.3%

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Date: January 2012

 

 

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