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Tag Results for "Spain Economy News"

“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 »

More Than 5 Million Unemployed in Spain, a Record

Some 5.04 million people were registered as unemployed in Spain in February, marking the first time joblessness hit this level, the Employment and Social Security Ministry said Monday. continue reading »

Unemployment Rate Tops 25 Percent in Spain

The ranks of Spain's unemployed climbed by 85,000 in the third quarter to more than 5.75 million, pushing the jobless rate to a record 25.02 percent, the National Statistics Institute, or INE, said Friday. continue reading »