(Reuters) – Credit score scores company Fitch on Friday raised its outlook on Spain to “optimistic” from “secure”, citing enhancing structural components which can be prone to bolster the nation’s GDP development potential and resilience in opposition to exterior shocks.
“Constructive labour market tendencies boosted by sturdy web migration and reform, improved competitiveness, and the absence of macro-financial imbalances, underpin Fitch’s evaluation that Spain will proceed outperforming its eurozone friends over our forecast horizon,” the company mentioned.
