So says economy min Luis de Guindos in an article published this morning
He said that Spain's economy will grow in the July to September period at a similar pace to previous quarters, boosted by a busy tourism season and consumer spending
Spain has recovered from a deep recession and the economy is growing at one of the fastest rates in the Eurozone, expanding by 0.9% QQ in the first three months of 2015, and by 1% in Q2
De Guindos was quoted as saying that growth would be "very similar" in the third quarter.
In an interview published on Efe's website, he predicted Spain's tax take would also keep growing, helping the turnaround. He said the government, which has brought in personal income tax cuts, would not be changing the 21% VAT rate it introduced for cultural goods and services, which the arts industry has denounced as too high.
On the downside Spain still has the second-highest unemployment rate in Europe after Greece, at 22.4%
Reuters carries more here
