The Spanish Economy Continues To Grow
The Spanish government have announced some good news for the economy. The Economy Minister said that the economy is expected to grow at a similar rate to previous quarters. This means a year on year growth in the economy of 3.3%, just above the government´s projected growth of 3.2%. The Minister said that the economy will enter 2017 with positive momentum.
A further indication that Spain is doing better than expected is the number of millionaires created in the last year which has risen by over 7,000, which is an increase of 1.8%. The figures compiled by Credit Suisse measure wealth in dollars across the world. Credit Suisse have said that this is a concrete sign of the general recovery of the Spanish economy and estimate a 41% increase in millionaires in the next 5 years.