PM on the wires
- Catalan independence push is a threat to growth
- central govt will engforce law in Catalonia
- Spain's economy is balanced, exports growing
- no inflation pressure in Spain
Not alone on that one then
- Spain could be entering long growth cycle
- will cut taxes if recovery continues
- Spain will grow 3.3% this year
- 2016 budget deficit 2.8%
EURUSD 1.0963 EURGBP 0.7042 EURJPY 136.32