Spain's economy edges out of recession
07 May 2010 @ 13:24
Spain's economy emerged from recession after growing by 0.1% in the first three months of 2010, the country's central bank has said.
The growth ended six successive quarters of contraction.
Earlier this week, official figures showed Spain's jobless rate had hit 20% for the first time in nearly 13 years.
Earlier this week, credit ratings agency Standard & Poor's downgraded Spanish government debt over fears for the country's economic outlook.
The Spanish economy shrank by 3.6% in 2009.
Source: BBC News
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