Get In Touch

Spain to Grow Faster Than Germany : PWC

Spain to Grow Faster Than Germany : PWC

International accounting giant PricewaterhouseCoopers (PWC) is predicting Spain’s growth will outstrip that of both Germany and France from 2015 to 2019. Annual growth in Spain will be 1.79 percent in this period, against 1.5 percent for the Eurozone, said the accounting giant in the September issue of its Global Economy Watch. Spain’s growth will also be higher than that of Germany (1.5 percent), France (1.6 percent), and Italy (0.8 percent). Fellow struggling eurozone economies Greece and Ireland are also predicted to see strong growth from 2015 to 2019 — at 2.5 percent and 2.7 percent respectively. The PwC forecasts for Spain reflect a generally positive diagnosis of the state of the European and World economies. “After five years of crisis, recession and disappointing growth we think that developed economies may now be approaching the ‘escape velocity’ needed for a sustainable recovery,” said the authors of Global Economy Watch. They cited the Eurozone’s 0.3 percent growth in the second quarter of 2012, the slight growth of the US, Japan and the UK in the same period, and a bump in global consumer sentiment. But the accounting firm said the Eurozone’s problems were not over. “Economic fundamentals are still weak in (the zone’s) peripheral economies,” said PwC. The firm also expressed concerns about debt sustainability and high unemployment in some Eurozone countries. On a global level, the slowing growth rates of countries like India, China and Brazil was also a cause for concern.

George Mills Article from El Local

FFA coments
For Spain to Grow faster than Germany : PWC is would still think have the banks that are in trouble will need sorting out and this could take at least another of couple of years.

There are some deep routed problems relating to certain banks here and I still don’t think that we have seen the last of certain problem issues that need to come out.

Request A Call Back








    "DATA PROTECTION: In compliance with GDPR (EU) 2016/679 of the European Parliament and of the Council of April 27, 2016 and LO 3/2018 of December 5 on the Protection of Personal Data and Guarantee of Digital Rights, We inform you that the data provided by you will be processed by FLUENT FINANCE ABROAD SL with CIF B93504918 and address at AVENIDA MARQUÉS DEL DUERO Nº 76, PUERTA 3C, SAN PEDRO ALCANTARA, 29670 (MALAGA) in order to attend to your information request. The legal basis for the processing of your data is the consent given for the sending of information. The data provided will be kept as long as the contractual relationship is maintained or during the years necessary to comply with legal obligations. The data will not be transferred to third parties except in cases where there is a legal obligation. You can exercise your rights of access, rectification, limitation of treatment, portability, opposition to the treatment and deletion of your data by writing to the postal address mentioned above or electronic info@fluentfinanceabroad.com, attaching a copy of the DNI in both cases, as well as the right to file a claim with the Control Authority (aepd.es).

    Contact Us








      "DATA PROTECTION: In compliance with GDPR (EU) 2016/679 of the European Parliament and of the Council of April 27, 2016 and LO 3/2018 of December 5 on the Protection of Personal Data and Guarantee of Digital Rights, We inform you that the data provided by you will be processed by FLUENT FINANCE ABROAD SL with CIF B93504918 and address at AVENIDA MARQUÉS DEL DUERO Nº 76, PUERTA 3C, SAN PEDRO ALCANTARA, 29670 (MALAGA) in order to attend to your information request. The legal basis for the processing of your data is the consent given for the sending of information. The data provided will be kept as long as the contractual relationship is maintained or during the years necessary to comply with legal obligations. The data will not be transferred to third parties except in cases where there is a legal obligation. You can exercise your rights of access, rectification, limitation of treatment, portability, opposition to the treatment and deletion of your data by writing to the postal address mentioned above or electronic info@fluentfinanceabroad.com, attaching a copy of the DNI in both cases, as well as the right to file a claim with the Control Authority (aepd.es).