11/14/2011

Spain Falls Deeper in Money Crisis !!


Spain is 12th largest economy in the world but since 2008-09 its financial crisis started, taking its GDP to minus 4% in 2009. World market is greatly concerned over Government's ability to take Spain out of these crisis. Today the unemployment rate is 22% in Spain. Latest official stats indicated zero growth in economy even in the third quarter (from July-September) of the year . 

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