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Spain's Rajoy raises economic growth forecast

From reuters.com

Spain's economy is on track to expand by a better-than-expected 1.0 percent in 2014, allowing moderate job creation for the first time in six years, Spanish Prime Minister Mariano Rajoy said on Tuesday in his annual state-of-the-nation address to Parliament. Rajoy, half way through a four-year term, said his No. 1 priority is to reduce one of Europe's highest jobless rates, but did not provide a fresh forecast for unemployment, which is seen ending this year at just under 26 percent, its current rate. To spur companies to create jobs, Rajoy said he would immediately implement 24 months of lower social security ... (full story)

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