Tag: BBVA

• Friday, December 3rd 2010 - 06:10 UTC

  Mercosur economies forecasted to grow between 7.5% and 10.1% this year

  

  Spanish bank BBVA Studies Group increased its 2010 growth forecast for Latinamerica to 5.8% (from 5.2%) mainly because of the strong showing of domestic economies boosted by stimuli packages. The report also praised the performance of all four Mercosur full members (Argentina, Brazil, Uruguay and Paraguay) with their economies expanding over 7.5%.