Wednesday, October 27, 2010

Quicker economic recovery expected in Catalonia

From http://www.catalannewsagency.com/news/business/european-central-bank-%E2%80%9Ccatalonia-better-condition-recover-crisis-rest-spain%E2%80%9D (in English)

According to José Manuel González-Páramo, the Spanish representative in the Executive Board of the European Central Bank (BCE), Catalonia is the Spanish autonomous community that can have a quicker recovery from the present crisis. According to Mr. González-Páramo, better industrial specialisation and greater export vocation compared to other Spanish communities are two of the factors that may be instrumental for this recovery.

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