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EIU World Investment Service46 page (21248 word) report
published Nov 22, 2009
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EIU World Investment Service
...Spain has been governed by the Spanish Socialist Workers' Party (PSOE) since April 2004, under the leadership of the prime minister, Jose Luis Rodriguez Zapatero. The party was re- elected to office for a second four-year term in March 2008. The government does not command an absolute majority in parliament and depends on the assent of smaller, regional parties for its majority. Spain's political sphere is also influenced by its 17 regions, which have considerable powers. The PP presides over Spain's admission to economic and monetary Union (EMU). Among the most important achievements of the PP administration elected in 1996 was Spain's qualification in 1998 for the EU's single currency, the euro. This caused interest rates to fall to historical lows, helping to stimulate strong economic growth, which Spain enjoyed up to the end of 2007. With the opposition in disarray and the economy booming, the PP was re- elected in March 2000, this time with an absolute majority. The economy continued...
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| Source: | World Investment Data and Forecast
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| Country: | Spain
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| Free Sample: |
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| Format: | | PDF |  |
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Essential support for all your foreign investment decisions. World Investment Service features a detailed database containing flows of investment by country and industry, overseas mergers and acquisitions and business costs. The service covers the world's 60 largest economies and provides detailed analysis on political and economic background, business environment, foreign investment regulations and trends in foreign investment.
