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Spain Finally Exits Recession After 9 Quarters

Joe WeisenthalOct 23, 2013, 14:07 IST

REUTERS/Jim Nazca

The economy is still totally miserable in Spain. Unemployment is sky high and so on.

But a recovery has to start somewhere, and it looks like Spain has now officially joined the turning-the-corner club.

GDP grew a whopping 0.1% Q3, breaking a negative 9 quarter streak.

This was in line with economist expectations.