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Despite Upturn in Economy, Spain Still Not Out of the Woods
By Eve Pearce The year 2008 marked the commencement of one of the harshest crises encountered by the Spanish economy in history. Finally, there is a silver lining on the horizon, with the International Monetary Fund claiming (in June, 2014)
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Unemployment rate drops in Spain in December
Hope glimmers as the Spanish Labor Ministry announced a drop in the country’s unemployment. The number of unemployed in Spain, adjusted for seasonal swings, fell by 41,023, or 0.8%, in December from the previous month, the first drop since July.
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Spain’s debt level to increase further next year
Spain is not any far from being the fourth European nation to ask for a bailout, as the government has predicted the debt level to increase further. Treasury Minister Cristobal Montoro said debt would likely reach 85.3% of the country’s
Read MoreEurozone Crisis: Unemployment rate at record high
Eurostat reported on Tuesday that the Eurozone unemployment is at a record high of 11.2%, leaving 17.8 million people out of work. This makes it the highest since the euro was formed in 1999. The increase, being the 14th in
Read MoreSpain’s ‘Indignants’ mark protest anniversary
Tens of thousands of people have protested in a number of Spanish cities to mark the first anniversary of the “Indignants” movement. In central Madrid, many protesters occupying Puerta del Sol square ignored a midnight deadline to disperse. However, by
Read MoreSpain's 'Indignants' mark protest anniversary
Tens of thousands of people have protested in a number of Spanish cities to mark the first anniversary of the “Indignants” movement. In central Madrid, many protesters occupying Puerta del Sol square ignored a midnight deadline to disperse. However, by
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