Rajoy: “Spain is out of recession, but not out of the crisis”
Wednesday, September 25, 2013 @ 12:28 AM
SPANISH president Mariano Rajoy has told The Wall Street Journal that the country is 'out of recession', but 'not out of the financial crisis'.
The PP leader says his current aim is a 'rigorous recovery' which allows Spain to 'create employment'.
He has also stated his intentions to stand for election again at the end of 2015.
“I have no intention of retiring, but my party will decide,” he announced.
Rajoy is said to have professed to be 'reasonably satisfied' with steps taken by the European Union to tackle the financial crisis, and has congratulated German Chancellor, Angela Merkel on her re-election.
“Things are going in the right direction,” Rajoy stated.
The head of State says he believes the Spanish economy will grow by between 0.5 and one per cent next year, but this would not be a magical cure for the 26-per-cent jobless figures straight away.
Read more at thinkSPAIN.com