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Turks and Caicos Free Press
| 10 months ago
Spanish unemployment hit its highest level in the second quarter since the Franco dictatorship ended in the mid-1970s, succumbing to a crisis of confidence among business and consumers that looks likely to escalate as the country's recession drags on.
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International Business Times
| 10 months ago
Spain has for the first time conceded it might need a full EU/ IMF bailout worth 300 billion euros ($366 billion) if its borrowing costs remain unsustainably high, a euro zone official said. Economy Minister Luis de Guindos brought up the issue with...
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The Globe & Mail
| 10 months ago
Managing Director of the International Monetary Fund (IMF) Christine Lagarde speaks at the Global Investment Conference 2012 in London July 26, 2012. British Prime Minister David Cameron urged global business leaders gathered in London on Thursday...
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International Herald Tribune
| 10 months ago
Just over 5.69 million Spaniards ended the second quarter jobless, raising the unemployment rate to a record 24.6 percent, compared with 24.4 percent in the first quarter, according to the latest national employment statistics published Friday. Youth...
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Asian Wall Street Journal
| 10 months ago
The euro-zone economy contracted at a steeper pace in July, with consumer and business confidence weakening as the fiscal and banking crises continued to deepen, according to a measure of activity compiled by the Centre for Economic Policy Research...
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USA Today
| 10 months ago
The number of people out of work in Spain shows no sign of dropping, with almost one in four people unemployed and half of those under the age of 25 out of work, the National Statistics Institute said Friday. The recession-hit country's unemployment...
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The Daily Telegraph
| 10 months ago
THE number of people out of work in Spain shows no sign of dropping, with almost one in four people unemployed, according to the latest government figures. The recession-hit country's unemployment rate rose 0.19 percentage points in the second...
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MarketWatch
| 10 months ago
Unemployment in Spain rose to a fresh all-time high in the second quarter, as a recession in the euro zone's fourth largest economy led to further job losses, albeit at a lower pace than in previous quarters. The jobless rate in the quarter,...
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Channel NewsAsia
| 10 months ago
Spain's unemployment rate rose in the second quarter to 24.63 per cent and a huge 53 per cent among the young, despite the start of the tourist season, official figures showed Friday. The increase in the overall jobless numbers was smaller than in...
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International Business Times
| 10 months ago
Spanish unemployment hit its highest level in the second quarter since the country's return to democracy in the mid-1970s, as firms shed more staff, driven by fears of prolonged recession and a crisis of confidence among consumers. The jobless rate...
