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Spain was badly hit by a double-dip recession between 2008 and 2013. Over the last two years, positive growth has returned. Saxo's Simon Fasdal says the government's structural reforms combined with a better economic environment in the Eurozone and lower commodity prices have also helped. He notes that equity prices have almost doubled since 2012 and bond yields are at a multi-year low.
01:58 minutes
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