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SPANISH UNEMPLOYMENT
Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before actingSpanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...- The billion-dollar 'ghost' airport is a creepy symbol of Spain's economic crisisAfter an uneventful auction — and a single bid — a Chinese-led investment group wants to transform the airport into a global freight hub.
- Eurozone crisis: Europe’s imperceptible recovery is worrisomeEuropean leaders are interpreting stabilisation of economic activity and stable borrowing costs as evidence that the debt crisis is over.
- Spain says economy 'touches bottom' after jobs dataThe IMF released a report last month warning Spain it faces five more years with an unemployment rate topping 25 percent unless Madrid enac...
- Spanish economy contracts further, puts pressure on Rajoy to seek aidGDP shrank 0.4% from the previous 3 months, matching the contraction of the second quarter, the Bank of Spain said.
- Spanish unemployment to rise: European CommissionSpain's GDP is forecast to fall 1.8% this year and 0.3% in 2013, with the strongest economic contraction in the second half of 2012.
- Spain's housing bubble a threat to its banking sectorThe root cause of concern in Spain is not government sovereignty, but banking solvency says a KT-ZMICO report.
- Spanish project consulting firms making beeline in IndiaAmidst the debt turmoil in Europe, Spanish firms are making a beeline to grab a pie in the USD 750-million Indian infrastructure project co...
- Spain makes progress in crisis, huge reforms vital: OECDSpain has every chance of rising above its economic crisis if it enacts bold reforms, the OECD said, just as the government announced detai...
- IMF visit fuels speculation on Spain bailout despite denialsThe head of the International Monetary Fund is to visit Spain amid reports Madrid is seeking a bailout while the government bit the bullet ...
- Spain jobless rate surpasses 20 pcSpain's jobless rate has surpassed 20 per cent for the first time since 1997, the government said.
- Spain's jobless rises 84,985 in Aug vs JulySpanish jobless claims rose in August for the first time in four months as a slowdown in the tourism industry and the end of summer hiring ...
- Euro jobless rate climbs to 9.5 pcThe jobless rate in the 16 nations that use the euro climbed to a new 10-year high of 9.5 per cent in July despite other signs that the eco...
- ArcelorMittal, Spain ink temporary layoff planArcelorMittal, the world's largest steelmaker, said on Wednesday it has reached a deal with the Spanish government for temporary layoffs am...
- Spanish economy in recessionSpain's economy-once one of Europe's rising stars-plunged into recession after official figures showed on Wednesday it had contracted sharp...
- Economy will shrink, unemployment will soar: SpainSpain's economy will contract 1.6 per cent this year and unemployment will jump to nearly 16 per cent, the government predicted in a desper...
- Jobless growth in Spain outpaces rest of EU, nears 3 millionThe number of registered unemployed in Spain rose to nearly three million people last month as unemployment continued to grow at a faster p...
- Spanish economy shrinks for first time since 1993Spain contracted for first time since 1993, shrinking 0.2%, in the latest sign it is heading towards recession.
- Spanish corporate defaults soar 172% as boom collapsesSpanish corporate debt defaults soared 172 per cent between April and June from a year earlier to hit a record high as dozens of building a...
- Spain's central bank predicts sharp economic downturnThe Bank of Spain said it expects economic growth to slow sharply this year and next due to international financial turmoil, and the countr...
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