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The Government of Spain revises upward growth in the years 2015 and 2016.

The Government considers in its forecasts that there will be an economic growth of 1% in 2015 and 1.4% in 2016.

Cristóbal Montoro, Minister of finance and public administration, is based on domestic demand in the future. The GDP will decrease by 1.3% this year, but will increase by 0.5%. In 2015, GDP will increase by 1% and 1.4% in 2016. Spending planned by the Government for 2014 will be 133.259 million euros, which represents a decrease of 1.3%, much of the spending will be allocated to pay off the debt issues. It is already left to see the economic scenario for the next 4 years, that being the new objectives set by Brussels and the agreements with the autonomous communities.

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