Spain, officially the Kingdom of Spain, is located in Southwestern Europe, bordering the Mediterranean Sea, North Atlantic Ocean, Bay of Biscay, and Pyrenees Mountains.
In 1999 Spain joined the http://www.babypips.com/forexpedia/European_Monetary_Union (EMU) and adopted the euro in place of its former currency, the ”peseta”.
Spain has the fourth largest economy in the euro zone and the 13th largest in the world.
The Spanish economy is highly dependent on its services and industry sector. Germany and France are Spain« Back to Forexpedia Index