Crisis: Spain heading for recession; 4th quarter GDP -0.3%

Spanish economy up 0.3% on annual basis

30 January, 13:32

    Spain, heading for second recession in three years Spain, heading for second recession in three years

    (ANSAmed) - ROME - Spain's GDP shrank by 0.3% in the fourth quarter of 2011, with the country heading for a second recession in three years. The Spanish economy has grown by 0.3% on a year-on-year basis, according to a statement by the country's statistics institute. (ANSAmed).

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