Spain's economy grows 1.4% in 2014 as recession fades
Spain's economy
Madrid - SPA
Spain's economy grew by 1.4 percent in 2014, ending a five-year run of negative or flat figures and providing further evidence that the country is recovering from a crippling double-dip recession, according to AP.
The National Statistics Institute said Friday that the country's growth was helped by a 0.7 percent expansion in the final three months of the year, making for six consecutive quarters of quarter-on-quarter growth.
Spain was hit hard by the global financial crisis and then again Europe's debt crisis, emerging from two recessions at the end of 2013.
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