Agencia EFEMay 20, 2013 22:30
Mexico City, May 20 (EFE).- Spain is enduring an economic crisis reminiscent of those that wracked Latin American countries in previous decades, but the Iberian nation is now in a position to emerge from recession thanks to the steps Madrid has taken over the last few years, experts said here Monday.
"The country is moving, it has made peace with the losses, knows that the growth model of the past was not sustainable and is in transition to another model," the Inter-American Development Bank's chief economist, Spaniard Jose Juan Ruiz, said.
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