Span­ish leader: Cat­alo­nia holds key to higher growth

Las Vegas Review-Journal - - WORLD -

Next year’s eco­nomic growth fig­ures could be ad­justed strongly up­ward if nor­mal­ity re­turns to Cat­alo­nia fol­low­ing re­gional elec­tions next month, Spain’s prime min­is­ter said Tues­day.

GDP growth ex­pec­ta­tions for 2018 had been in­creas­ing, but the gov­ern­ment low­ered the es­ti­mate from 2.6 per­cent to 2.3 per­cent, cit­ing in­sta­bil­ity in the pros­per­ous north­east, where a clash with re­gional sep­a­ratist au­thor­i­ties has scared both com­pa­nies and tourists.

In an in­ter­view with COPE ra­dio, Mar­i­ano Ra­joy said the fig­ure could rise to “be­tween 2.8 to 3 per­cent” if sta­bil­ity re­turns.

Mar­i­ano Ra­joy

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.