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Spain Recession

Spain's Deep Recession

Jaime Pozuelo-Monfort | Posted 01.23.2014 | Politics
Jaime Pozuelo-Monfort

Spain is in deep recession not only economic-wise, but from every other point of view. Nothing works well in the Kingdom, not even the Monarchy. Profound changes are necessary if Spaniards wish to have any future at all.

Desperate Spaniards Squat In Unfinished Homes

Agence France Presse | Roland Lloyd Parry | Posted 08.18.2013 | World

The washbasin in Juana Alonso's bathroom is brand new, but no water comes out of the tap. No bulbs hang from the light fittings.The house is unfinishe...

King Gives Up Luxury Yacht As Country Faces Biting Recession

Agence France Presse | | Posted 07.17.2013 | World

Spain's King Juan Carlos is giving up a 21-million-euro ($27 million) yacht named Fortuna, officials say, as his subjects weather a biting recession a...

Spanish Unemployment Hits 'Worse Than Expected' Record

Reuters | Paul Day | Posted 04.26.2013 | Business

* Unemployment hits 27.2 percent in Q1 * Worse than expected figure highlights market decoupling * Reforms aimed at boosting economy due on Frid...

Spain's Legendary Horses Slaughtered By The Thousands

AP | ALAN CLENDENNING | Posted 04.18.2013 | World

ALMONTE, Spain -- The southern Spanish region of Andalusia, famed for flamenco and Moorish castles, is also home to a legendary breed of horses that c...

SPAIN: It's Me vs. 6 Million Unemployed

Iván Escalante López | Posted 05.25.2013 | World
Iván Escalante López

2013-03-25-EN_blog_international_spotlight_02.pngEvery morning after breakfast, you get ready for yet another "work" day, always hoping that today will be the last one like this. It may seem rough, but really it's not so bad: you're just one of six million Spaniards who are unemployed today.

The Bitter Future of Spain's Economy

Vashi Dominguez | Posted 07.24.2012 | World
Vashi Dominguez

Is Spain in recession? Think again. This can't be classed as a recession, more like a crash that will probably change the Spanish economy forever.

Spain In Recession...Again

AP | CIARAN GILES | Posted 06.30.2012 | Business

MADRID — As their losses from mortgages grow, Spanish banks have begun discussions about creating a separate entity – a "bad bank" –...

In Spain, Protests By Tens Of Thousands Against Health, Education Cuts

AP | HAROLD HECKLE | Posted 06.29.2012 | Business

MADRID — Tens of thousands of people across Spain protested Sunday against education and health care spending cuts as the country slid into its ...

Spain Nears Second Recession In Three Years

AP | By CIARAN GILES | Posted 01.30.2012 | Business

MADRID -- Spain's economy contracted by 0.3 percent during the fourth quarter, according to official figures released Wednesday, edging the country cl...

Spanish Economy Minister: Spain To Fall Back Into Recession In 2012

AP | By CIARAN GILES | Posted 02.25.2012 | Business

MADRID -- Spain will slide back into recession early next year with the current quarter and the first of 2012 both registering negative growth, new Ec...

Spain Could Go The Way Of Greece | RAPHAEL MINDER | Posted 05.25.2011 | Business