Comment on How Spain's Economy Managed to Recover, While Greece's Did Not

How Spain's Economy Managed to Recover, While Greece's Did Not

NEW YORK (TheStreet) -- After three years in a recession, Spain's economy is growing again. That makes it one of the few countries in the eurozone besides Germany to have a positive GDP. In fact, Spain's economy grew 0.7% in the fourth quarter from the quarter before. That matched Germany's quarterly growth and helped the eurozone's GDP to grow 0.3% on a quarterly basis, better than what economists were expecting. Must Read: Warren Buffett's Top 10 Dividend Stocks Not long ago, Spain and Greece were among a handful of eurozone members in dire straits in the wake of the global financial crisis.

 

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