Spain’s reform efforts praised, but many Spanish disagree

By MoneyTimes

Sep 03, 2015 10:01 PM EDT

Passengers board a high speed Ave train at Atocha station a day after Greeks voted in a referendum to reject the European Union's latest Bailout terms for the striken Euro-zone country on July 6, 2015 in Madrid, Spain. (Photo : MoneyTimes)

The economic development of Spain is proving that the euro zone was tackling its crisis well, according to the German Finance Minister Wolfgang Schaeuble on Tuesday.

"Spain is the best example that we've done a lot of things quite right in Europe," Schaeuble said at a business conference in Berlin, adding that he was optimistic about Spain's future development as long as Madrid stuck to its reform policies.

The economic development of Spain is proving that the euro zone was tackling its crisis well, according to the German Finance Minister Wolfgang Schaeuble on Tuesday.

"Spain is the best example that we've done a lot of things quite right in Europe," Schaeuble said at a business conference in Berlin, adding that he was optimistic about Spain's future development as long as Madrid stuck to its reform policies.

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