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UPDATE: Spain is the only EU country with improving economy, says IMF

But elsewhere things are not looking so positive

BREAKING: IMF cuts global growth forecasts and warns of weakness in Eurozone

Outlooks are down again for the third time this year

Boost for Euro over Sterling after IMF comments

Columnist Mark Rickard breaks down the current status of foreign exchange

UK economy is ‘firing on all cylinders’

The UK will be fastest growing economy this year, according to IMF

Spanish banks must remain cautious warns EC

International financiers warn Spain´s banks need to continue their good work following wind up of bail out plan

Spanish economy making ‘strong progress’

But the country still needs to be doing more to get millions back into jobs

Worse to come for Spanish economy

IMF predicts fall in GDP but it’s better news for 2014

Spanish Prime Minister receives support from Angela Merkel

Pressure grows on Spain to reveal details of banking reforms as bailout rumours refuse to disappear

Spain calls for eurozone rescue fund boost

Foreign minister Jose Manuel Garcia-Margallo has backed calls for Europe’s rescue fund to be boosted to one trillion euros

IMF foresees two more years of recession in Spain

The budget deficit is predicted to be 6.8 per cent this year - although Rajoy sees things more positively

New Spanish PM Rajoy on the ropes

Finally whispers of a return to the peseta and IMF bailouts if Rajoy doesn't get a move on to allay jittery markets

Five Spanish regions have credit rating lowered

Andalucia among those affected as IMF issues fresh call for Spain to receive external support

IMF warns of ‘considerable’ risks to Spanish economy

Spanish authorities must crack down harder on spending to aid recovery

Spain ‘won’t follow Portugal’

Elena Salgado, the Spanish economy minister, has reassured investors that Spain will not need to ask for a bailout

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