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Troubled Euro Countries Could Recover Sooner Than Expected: S&P
The ratings agency pointed out that Spain and Portugal in particular had seen exports rise strongly. "For 2013, we forecast that Spain, Portugal and Ireland will operate outright current account surpluses, potentially enabling them to post an earlier recovery of GDP than we had previously anticipated," the report said.
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Troubled Euro Countries Could Recover Sooner Than Expected: S&P
The ratings agency pointed out that Spain and Portugal in particular had seen exports rise strongly. "For 2013, we forecast that Spain, Portugal and Ireland will operate outright current account surpluses, potentially enabling them to post an earlier recovery of GDP than we had previously anticipated," the report said.
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