Tag: Joaquin Vial

• Monday, August 22nd 2011 - 07:32 UTC

  In spite of global crisis, leading Spanish bank optimistic about Latam outlook

  

  In spite of world turbulences the Latin America economy will expand 4.8% in 2011 and 4% in 2012 and 2013 boosted by the high price for commodities and strong domestic demand, according to the Spanish bank BBVA, on its “Latinamerica report”.

• 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%.