Ratings agency Moody’s has raised its outlook for Spain’s economy from "negative" to "stable". Moody’s said there had been a real improvement in the economy and government finances.Last week, the Standard and Poor’s ratings firms also raised its outlook for Spain on signs of economic improvement.Debt-laden Spain has emerged from a two-year recession, with export growth and companies becoming more confident.But unemployment remains high, at 26%, and economic growth is expected to be shallow.

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