Minister of Economy of Spain, Luis Guindos , presented at an official press conference the forecasts the of his ministry for the economy in the first quarter of 2014 . Minister confident that the economic development of Spain and the country's GDP will rise and grow by at least 0.2 % , as has already happened in the last quarter of 2013. In addition, the Minister of Economy assured that the data on the number of unemployed in Spain for between January and March 2014 will be positive and it will be created jobs and reduce the number of unemployed in the country .
Luis Guindos is confident in rapid recovery of the Spanish economy, which has already begun, and expresses his confidence and confirms it with the positive forecasts for GDP growth in Spain in the first quarter of 2014. Minister of Economy said that the economic recovery will continue and strengthen during the first months of 2014, according to economic indicators already received or predicted.
At the official press conference at the “Forum Lead “, organized in collaboration with KPMG and information state agency EFE, the minister said it was not yet obtained accurate data on the development of the economy and the country's GDP for the first quarter of 2014, but there is every reason to believe that growth in national GDP will be of at least 0.2 %.
With regard to tax reform , which is currently conducting a Government of Spain , Luis Guindos said that ” citizens soon will feel the reduction of the tax burden”, and moreover, praised the experts for the proposed reforms, which were presented in an official report, to reduce tax rates and increase the tax base to the taxpayer.