AFP, Madrid :
Spain’s economy expanded by 1.4 percent in 2014, after five years of recession or no growth, the country’s national statistics agency Ine said Thursday, confirming a provisional figure published in late January.
The gross domestic product (GDP) of the eurozone’s fourth largest economy rose to 1.06 trillion euros, Ine said in a statement.
Last year also marked the first full year of economic growth since a 2008 property crash which put millions of people out of work and pushed the country to the brink of a bailout.
Spain’s economy expanded by 1.4 percent in 2014, after five years of recession or no growth, the country’s national statistics agency Ine said Thursday, confirming a provisional figure published in late January.
The gross domestic product (GDP) of the eurozone’s fourth largest economy rose to 1.06 trillion euros, Ine said in a statement.
Last year also marked the first full year of economic growth since a 2008 property crash which put millions of people out of work and pushed the country to the brink of a bailout.
