2015 Rajoy promises a “final take-off” of the economy … – The Economist

2015 Rajoy promises a "final take-off" of the economy … – The Economist

The Spanish economy will experience a “final takeoff” next year, after a 2014 recovery, promised the head of government, the Conservative Mariano Rajoy.

The Spanish economy will experience a “final takeoff” next year, after a 2014 recovery, promised Friday the head of government, the Conservative Mariano Rajoy, while the leader of the opposition Socialists considered “indecent” to talk crisis.

The year “2014 has it been the recovery and 2015 will be the year of the final launch of our economy,” said in its annual report Rajoy, while confirming his intention to return to legislative, scheduled to end next year.

“Spain will grow on solid foundations, well above the European average,” said, recalling the GDP should grow 1.3% or 1.4% this year after a setback 1.2% in 2013. And highlighting the creation of 550,000 jobs in the second and third quarters, without global data, and the creation of 71,500 new businesses, without however specifying the net.

“After seven years of crisis and uninterrupted fall for the first time was created net employment in Spain, “he added, also congratulating the good health of exports and increased competitiveness of Spanish companies fruit of an” inflation throughout the year of 0 percent. “

Sumida in the crisis with the outbreak of the housing bubble in 2008, coinciding with the international financial storm, Spain came in the third quarter of 2013 of its second recession in five years .

Yet unemployment is close to 24% (more than 52% among young people) and there are 1.79 million households where nobody works.

In this context, voters seem increasingly attracted, according to the polls, the new anti-liberal party can, emerged in January and against austerity policies imposed by the government to reduce the deficit.

“Until we recover levels of pre-crisis employment until we recover the levels of pre-crisis social protection, which will demand Mr. Rajoy is to not use the word recovery in vain, “launched the Socialist Party leader, Pedro Sánchez .

“It is outrageous and unfair that a government that decrees the end of the crisis continue cutting in education and public health (…) continue cutting social benefits for the unemployed” and “up only three euros minimum wage “which will go from 645-648 euros per month (in 14 annual payments) launched.

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