Spain's economy grew by 0.9% in the second quarter thanks to improved exports and household spending. The growth figure, a first estimate from the National Statistics Institute (INE), suggests the country's economy has finally grown back to the size it was before the credit crunch of 2008.
Spain's economy expanded by 0.4% in the first quarter of the year topping the previous quarter's growth rate by two-tenths of a point, the National Statistics Institute, INE, confirmed. However unemployment remains at a record 25.93%.