Can Spain permanently have the strongest growth in euro zone?

In the short term, growth in Spain is strong, which is normal given the marked improvement in its cost competitiveness and the capacity to lower unemployment, and therefore to have a growth rate that is markedly higher than potential growth. But there are reasons to be concerned about the long-term outlook for Spain: productivity gains and potential growth remain weak, companies’ modernisation is insufficient, the population’s skills are weak, structural unemployment is high. So Spain’s superiority in terms of growth compared with the other euro-zone countries is probably only temporary .