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Tag Results for "Spain Economic Problems"

“Modest” Recovery Predicted for Spanish Economy in 2014

The economy will contract 1.5 percent this year and will experience a "modest" recovery in 2014, when the gross domestic product will expand by 0.60 percent, the Bank of Spain said Tuesday. continue reading »

State-Supported Cervantes Institute Sees Belting Tightening in 2013

The commemoration of the anniversary of the discoveries of the Pacific Ocean and Florida and the Year of Spain in Japan are some of the activities scheduled by the Cervantes Institute for 2013, a year that will be marked by austerity. continue reading »

Spain Extends Unemployment Benefits for Long-Term Jobless

Spain's conservative government on Friday approved an extension of a financial aid program for unemployed people whose eligibility for standard jobless benefits has expired and who lack income to pay their bills. continue reading »