Spain may have exited recession after over two years.

Spain's economy may have expanded for the first time in over two years in Q3, with the Bank of Spain estimating that the economy eked out quarterly growth of 0.1% following nine quarters of consecutive decline. With domestic demand falling 0.3%, strong exports helped pull Spain out of its protracted slump. The economy has been moribund since 2008, when a housing bubble burst, leaving millions out of work and thousands of companies bankrupt.