Spanish economy is in “change cycle” according to Rajoy

President of Spain, Mariano Rajoy

After two years of intensive reforms, according to Mariano Rajoy, President of Spain, his country is “in a change of cycle” and has passed from recession to growth, although employment and reducing unemployment continue to be issues to be solved.

Under the optimistic title “Spain: Back to Growth. Ready for Jobs”, the Spanish president, has sold to more than 150 American and Spanish businessmen who met at the Chamber of Commerce of the U.S., the incipient recovery of the Spanish economy.

He Assured that Spain is “on the way to overcome difficulties” with clear results” so he stressed that Spaniards have a  “founded right to hope.”

With these merits, and with the promise that his government is  “not going to leave the job in half, but will continue the reform momentum” in fields such as tax and administration, Rajoy has tried to convince American businessmen that Spain is a good place to invest money.

He Also stressed that  return of foreign investment is a reality as demonstrated by the 20% increase of last year.