Spanish economy grows 0.3% in first quarter
MADRID - AFP
Spain's battered economy expanded by 0.3 percent in the first quarter of 2011, preliminary data showed on Friday, encouraging news as it fends off debt crisis fears. Growth in Spain's total economic output, or gross domestic product, crept up from a 0.2-percent pace in final quarter of 2010, the National Statistics Institute said. Pounded by the double-punch of an international financial crisis and the bursting of a property bubble, Spain plunged into a recession with a 3.7-percent GDP contraction in 2009. The economy stabilised last year, shrinking by just 0.1 percent. But the unemployment rate ended the year at 20.33, the highest in the industrialised world.
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Buenos Aires - AFP
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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