Growth gained momentum in the first quarter in Spain, the euro area’s fourth-largest economy, as household and government spending increased.
Gross domestic product increased 0.4 per cent in the first quarter from the previous three months, the National Statistics Institute in Madrid said today, confirming its April 30 first estimate. That marked an acceleration from 0.2 per cent in the fourth quarter of 2013.
Prime Minister Mariano Rajoy is counting on a recovery from a six-year slump...
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