Turks and Caicos Free Press
Spain 's social security system is set to register a deficit of 10.5 billion euros in 2012 compared to an initial forecast of a balanced budget , according to a document sent to the European statistics office Eurostat by the Treasury Ministry. The...
The Age
Spain's economy probably contracted 1.7 per cent in the third quarter from a year ago, as job losses continued, households ate into their savings and low disposable income reduced their ability to pay down debt, the Bank of Spain said. The euro...
The Globe & Mail
Economy Instead the bank maintained the key message of previous statements that there will need to be modest rate hikes with the slight modification that added over time to the equation. In a speech last week, Carney had omitted a statement that...
Asian Wall Street Journal
Tuesday the country's economy contracted slightly less than expected in the third quarter but repeated a warning that tax-revenue shortfalls could cause the government to miss its 2012 budget-deficit target. The euro zone's fourth-largest economy...
CNN
ET Demonstrators on a march in September to protest against spending cuts and tax rises...Spain fell deeper into recession in the third quarter, upping the pressure on Prime Minister Mariano Rajoy as he seeks more austerity measures and considers...
The Economic Times
A job-destroying recession kept a tight grip on Spain in the third quarter of 2012 when output shrank by an estimated 0.4 percent, the Bank of Spain said Tuesday. If confirmed, the figures would mean that the Spanish recession, which has left one in...