Hey, the recession is over!

Hurrah! The Spanish economy grew 0,1% in the last quarter according to todays economic data. Meaning the recession has ended, and the champers can come out. Hang on….. Turns out the growth in the economy is because Spain is now one of the cheapest nations in the EU for labour costs, and all the growth is in things being built and shipped abroad for better performing nations. Internal growth is still flat-lining, consumer confidence continues Continue reading Hey, the recession is over!