PDA

View Full Version : Spain officially in recession



dtrax
15-11-12, 17:37
http://www.france24.com/en/20121115-spain-confirms-recession-day-after-protests


Spain confirms recession a day after protests

Protesters hold placards reading "Stop evictions" during a demonstration on November 14, in Valencia. A job-killing recession kept its grip on Spain in the third quarter of 2012, data showed Thursday, a day after a general strike and vast anti-austerity protests
AFP - A job-killing recession kept its grip on Spain in the third quarter of 2012, data showed Thursday, a day after a general strike and vast anti-austerity protests.

Spain's gross domestic product shrank by 0.3 percent from the previous quarter and by 1.6 percent over the year, according to definitive data from the National Statistics Institute.

thomastansb
15-11-12, 23:07
This is surprising news to me. I thought they have been dead for 2 years.