The Spanish economy shrinking for the fifth consecutive quarter - hpc


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Spain in the third quarter of negative economic growth, shrinking the 5th consecutive quarter, Prime Minister Rajoy request reinforcements pressure in Europe along with aggravation.
According to the Bank of Spain through the monthly report published estimates, Spain third quarter gross domestic product (GDP) minus 0.4%, the same as the second quarter shrank. Bloomberg News survey of 10 economists forecast to shrink by 0.7% in value.
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