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William Chislett
Spain´s stock of outward direct investment was US$646 billion at the end of 2009 and in GDP terms (44.2%) higher than that of Italy. The country´s main multinationals are going from strength to strength. The acquisitions made abroad are significantly reducing the reliance on a domestic market that is in the doldrums. But for these investments some of these companies would barely survive the downturn in their home market.
