Spain's economy to improve despite some challenges


(MENAFN) Spain's economy will recover this year despite some issues, such as high joblessness, a problem that the next government will have to deal with.

The good side of the performance of the nation economy is cleared by the treasury sales marked by a decline in interest rates, and it was able to place duty on the market at negative interest rates.

Additionally, the first time was when it placed USD 783mn worth six months treasury bills at an average interest rate of 0.002 percent.

Spain's 10-year pledge interest rate started the year at 1.4 percent, also far below the 7 percent that exceeded in 2012, which remained stable all over this year.


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