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Tag Results for "Spanish Austerity Program"

Spain Unemployment Rate Hits High of 26.2 Percent

The number of people officially registered as jobless in Spain climbed by 74,296, or 1.54 percent, in November to 4,907,817, according to figures released Tuesday by the Spanish Employment and Social Security Ministry. continue reading »

Spain’s Iberia In Effort to Survive Economic Downturn Cuts 25% of Its Workforce

Spain's Iberia will shed 4,500 jobs, nearly a quarter of its 20,000-strong workforce, as part of a series of permanent structural changes to salvage the airline, its parent company said Friday. continue reading »

Tough Road Ahead for Spanish Film Industry

It is becoming increasingly evident that the Spanish film industry is in danger of sinking. Attendance at movies is at an all time low while funding has recently been cut in half, yet ticket prices continue to increase by 13 percent. continue reading »