Voice of America: Spain's Recession Deepens Oct 23rd 2012, 15:50 Voice of America | Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries | | Spain's Recession Deepens Oct 23rd 2012, 14:30 The Bank of Spain said Tuesday that its economy shrank for the fifth straight quarter in the July-to-September period. The central bank said the country's economic fortunes dropped four-tenths of a percent, matching the contraction in the second quarter. Job losses have mounted in Spain, with more than a quarter of the work force unemployed. Analysts say the latest economic report could put new pressure on Prime Minister Mariano Rajoy to seek an international bailout, joining Greece, ... | | | | |
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