Spain unemployment

(Newser) - Prime Minister Mariano Rajoy today defended his government's harsh austerity measures aimed at correcting Spain's grim economic forecast, one day after tens of thousands of Spaniards took to the streets in protest of his handling of the country's worst crisis in decades. Rajoy said the measures were...

(Newser) - Hot on the heels of Britain's slide back into recession , now Spain is officially in its second recession in three years, reports the BBC . Spain's National Statistical Institute said the economy shrank 0.3% last quarter, following a 0.3% contraction in the fourth quarter of 2011. As...