The government has cut its forecast for economic growth this year
The government has cut its forecast for economic growth this year and said it would increase spending in a bid to inject more momentum into the country’s strong-but-slowing expansion. It expects the economy to expand by 1.6% this year, less than a forecast given in October of 1.8%. That compares with the 1.7% growth rate projected for this year by Spain’s central bank. Economists have been warning successive Spanish governments […]