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    Spain minister: 2013 may be 'last year of recession'

    euronews (in English)

    by euronews (in English)

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    Spain's budget minister has presented an optimistic assessment of the country's economy, putting on a brave face over the latest gloomy figures.

    Cristóbal Montoro was speaking to parliament where he outlined the budget for 2013 to MPs.

    News that the Spanish economy has shrunk again has added to pressure on the government to seek more European aid.