Saturday, July 11, 2009

Spanish Economy Secretary Jose Manuel Campa said on Friday he expects gross domestic product to return to quarter-on-quarter expansion in the first half of 2010, but analysts warn the worst is not over forone of the hardest-hit economies in the 16-nation euro zone.

"We will start to have quarterly growth in the first half," Campa said during a news conference, confirming an estimate given by Spanish Prime Minister Jose Luis Rodriguez Zapatero.

Most private economists are less optimistic.
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