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Spain Economy

Spanish industrial output plunges

Production in Spanish factories fell by 15.1% in November, the biggest fall on record, as the downturn gathers pace.
Ref. Source 1

Economy Spain

Spain protests over spending cuts

Thousands of people protest in Spain against government spending cuts and plans to raise the retirement age. Ref. Source 1

Spain Economy History & Civil Business Politics

Spain unemployment rate hits 20%

Spain's unemployment rate breaches 20% for the first time in nearly 13 years, official figures show. Ref. Source 6

Economy Spain

Spanish banks teeter on brink of collapse:

THE European economy edged towards a fresh crisis yesterday, as Spain's leaders were forced to admit that credit had dried up for some of the country's banks Ref. Source 5.

Economy Spain

Spain: Ten million workers take part in general strike:

Nearly 70 percent of Spanish workers-10 million-took part in Wednesday's general strike. In some sectors, such as mining, metal, auto manufacture, electronic, fishing and other industries, participation was nearly 100 percent. The movement also encompassed many self-employed workers and small businesses. Ref. Source 1

Spain Economy

Spain's rating upheld as crisis eases (AP)
European Business News

AP - Standard & Poor's has given Spain a welcome boost by affirming its credit rating Tuesday, in another sign that the government debt crisis that threatened to sink the euro has come off the boil, at least for the moment.
Source: Yahoo! News: Business - European Economy

Spain Economy

Protest marches converge on Spain's capital (AP)


AP - Several hundred Spaniards angry about their country's economic crisis protested on the outskirts of Madrid Saturday after spending about a month marching to the capital from their hometowns.
Source: Yahoo! News: Business - European Economy

Spain Economy Politics Business Civil & History

Spain says deficit bigger than expected hikes taxes (Reuters)


Reuters - Spain's new government said on Friday that this year's budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag the country back to the centre of the euro zone debt crisis.
Source: Yahoo! News: Business - European Economy