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Sunday, April 29, 2012

A Pain for Spain

Spain's unemployment rate is 24.44%. The number of unemployed increased to 5.639 million from 5.273 million in the previous quarter, when it crossed the 5 million mark for the first time. The figure is expected to rise in coming months due to the government's tough austerity measures. There has not being the riots we see in Greece. They are not all broke as I have just watched the Spanish Moto Grand Prix with 103,000 in attendance.

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