Glimmers of hope for Spain's economy

Spain has emerged from a nine-month contraction, but the outlook remains far from certain.

After shrinking for nine quarters in a row, Spain's economy grew by 0.1% in the third quarter. The increase was driven by exports, where signs of improvement have been evident for months.

In the first eight months of 2013, exports from the port of Barcelona jumped by 8%. Container traffic to Brazil and Mexico rose by a respective 15% and 13%. Exports are expected to rise by 5% next year.

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