Growth up, joblessness falling – is Spain's crisis finally over?

Seven years after property crash, the central bank has hailed economic growth of 2.8%. But not all the signs are positive

Seven years after its calamitous property crash in 2008, Spain's recovery is speeding up, according to the country's central bank.

The Bank of Spain announced on Thursday that economic growth this year would be 2.8%. That would double last year's figure, which was the first time the country had recorded annual growth since the crisis hit. The latest prediction would put the eurozone's fourth biggest economy among its fastest-growing ones - behind only Ireland, Latvia, Lithuania and Malta, according to last month's predictions from Brussels.