Showing posts with label Spain’s economy. Show all posts
Showing posts with label Spain’s economy. Show all posts

November 08, 2012

Angst returns on German recession fears and US fiscal cliff

Stock markets skidded across the world and investors retreated to safe-haven assets on fears that Europe’s festering crisis has spread to Germany and a bitterly-divided Washington may struggle to avert a fiscal crisis.

February 16, 2012

Spain approves labor reforms to boost sick economy

MADRID (AP) — Spain’s new conservative government approved sweeping labor market reforms Friday as part of a drive to revive a sick economy and solve Europe’s worst unemployment nightmare — a jobless rate of nearly 23 percent.