Business

Spain's economy edges out of recession

Bullfighter in Seville, Spain
Image caption Despite the growth, few are bullish about Spain's economy

Spain's economy emerged from recession after growing by 0.1% in the first three months of 2010, the country's central bank has said.

The growth ended six successive quarters of contraction.

Earlier this week, official figures showed Spain's jobless rate had hit 20% for the first time in nearly 13 years.

Earlier this week, credit ratings agency Standard & Poor's downgraded Spanish government debt over fears for the country's economic outlook.

The Spanish economy shrank by 3.6% in 2009.