Bizkaia is one of the three provinces that were united as Euskadi, the Basque Autonomous Region, under the 1978 constitution that decentralized Spain’s political administration after the death of the dictator Francisco Franco. It accounts for more than half of the Basque region’s GDP and although its economy is now mainly service-based, more than a third of output still comes from industry. However, Bizkaia’s GDP is forecast to grow by 4% this year compared with 3.7%
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