Spain showed growth during the third quarter of the year. The rise of 0.1% is the first gain in the country’s GDP since 2011.
The report from the country’s National Statistucs agency confirmed a report released last week from the Bank of Spain predicting an end to the country’s economic slide.
The report from the statistics agency cited a number of reasons for the growth including a boost in tourism due to the instability in north Africa and the Middle East.
The country’s banks needed a bailout from European nations last year to survive the recession sparked by the country’s 2008 property bubble collapse. The country’s unemployment level is still hovering around 26%.