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Nearly 5 million people unemployed in Spain

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Official figures show that the unemployment rate in Spain has increased again with nearly five million people out of work in the recession-hit country. Figures released by Spain’s Labor Ministry on Wednesday indicated that the number of people registered as out of work rose by 25,572 people in September. The ministry added that the total number of unemployed people in Spain remained at around 4.7... 

Spain will defend its interests in Gibraltar: Spanish PM

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Spain’s Prime Minister Mariano Rajoy Spain’s Prime Minister Mariano Rajoy says the government will take “all necessary measures” to defend its interests in British-held territory of Gibraltar amid a diplomatic row with London. Rajoy’s remarks on Friday came after reports revealed that the British Royal Navy is set to send aircraft carrier HMS Illustrious and two frigates to Gibraltar... 

British, Spanish PMs discuss recent tensions over Gibraltar on phone

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British PM David Cameron (R), his Spanish counterpart Mariano Rajoy David Cameron, the Prime Minister of the UK, has held phone talks with his Spanish counterpart Mariano Rajoy to voice “serious concerns” about recent events surrounding Gibraltar and its border crossing into Spain, local media reported. This comes after Spanish Foreign Minister Jose Manuel Garcia-Margallo announced earlier that... 

Thousands of Spaniards hold anti-austerity protests in Madrid

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Thousands of Spaniards attend an anti-austerity demonstration in the capital Madrid, on June 16, 2013. Thousands of Spaniards have staged rallies across the country to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. The protests took place on Sunday in 29 cities including the capital Madrid, the country’s second-largest city, Barcelona,... 

Spaniards hold mass anti-austerity demos

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Thousands of demonstrators in Madrid take part in a Labor Day protest against the Spanish government’s austerity policies, May 1, 2013. Thousands of protesters have staged rallies in Spain to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. Spaniards took to the streets in some 80 cities in trade union-organized Labor Day demonstrations... 

Spain jobless rate hits new record

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People wait in line at a government employment office in Madrid, Spain. Official data show that the unemployment rate in Spain climbed to a new record of 27.16 percent of the workforce in the first quarter of 2013. According to new figures released by Spain’s National Statistics Institute on Thursday, the total number of unemployed people in the country has passed the six million mark, reaching to... 

1000s of students demonstrate in Madrid against education cuts

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Thousands of students demonstrate in Madrid to protest against Spanish government’s spending cuts in the education system, February 6, 2013. Thousands of students and teachers have demonstrated in the Spanish capital Madrid to protest against the government’s budget cuts in the education sector. Carrying flags and banners that read “Our education will not pay your debt,” the demonstrators... 

Wiretapping scandal hits Spain

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Spain is hit by a wiretapping scandal with report saying 500 politicians and distinguished figured were allegedly spied on. The Spanish government has been hit by a fresh illegal wiretapping scandal, with reports suggesting different politicians and distinguished figures were eavesdropped on. According to Spainish El Mundo daily, a detective bureau allegedly spied on 500 political figures in northeastern... 

Millions call for Spain PM resignation

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Millions of people have pressed for the resignation of Spanish Prime Minister Mariano Rajoy over accusations of political fund embezzlement. An online count on Thursday showed over a million people have signed a petition to oust the Spanish premier and accuse him of receiving thousands of euros in a corruption scandal that lasted for 12 years. “I demand the immediate resignation of Prime Minister... 

Spain GDP dropped 1.37% in 2012

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Spainards protesting against austerity cuts on November 15, 2012. While Spanish Prime Minister is set to present new measures to help the economic recovery, the National Statistics Institute (INE) has reported that the country’s gross national product (GDP) has contracted by 1.37 percent in 2012. According to the report released by the INE on Wednesday, the Spanish GNP fell 0.7% from the third quarter... 

Catalan parliament approves declaration of state sovereignty

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Catalan separatist merchandise is displayed at a stall in Las Ramblas, Barcelona, Spain. The parliament of Spain’s northeastern region of Catalonia has approved a declaration of the region’s sovereignty as a major step towards its independence from Spain. The non-binding resolution was passed on Wednesday by 85 votes in favor, 41 against, and two abstentions, the Associated Press reported. The... 

Spain parliament approves harsh austerity measures

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Demonstrators hold “No” signs while surrounding the Spanish parliament to protest against spending cuts in Madrid. The Spanish parliament has adopted a 39-billion-euro (52-billion-US dollar) austerity package as the debt-ridden eurozone country battles to reduce its budget deficit. On Thursday, the lawmakers voted for the cuts in the 2013 budget, which slashes spending for health care and education,... 

Spain jobless rate exceeds 25 percent in 3rd quarter

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People wait in line at a government employment office in the center of Madrid on September 4, 2012. Official data show that Spanish unemployment rate has exceeded 25 percent in the third quarter of 2012 as the country continues to grapple with economic woes. New figures released by Spain’s National Statistics Institute on Friday showed that the country’s unemployment rate climbed to 25.02 percent... 

Spain reluctant to accept EU cure

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The EU and Spain are trying to come to terms over a rescue plan for the debt ridden European economy. The government remains unwilling to apply for international aid, but analysts say asking for a bailout is essential. A new Spanish rescue programme to be announced next Thursday will be focused on the measures international lenders would ask in return for a bailout. As the ECB money always comes with... 

3 Tons of Food Looted From Grocery Stores In Spain As Millions Struggle

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As the economic and financial systems of the world rapidly approach the real possibility of total collapse, signs of what we can expect on a mass scale in the near future are beginning to appear throughout Europe. In Spain, a country that just a few years ago was heralded as a shining example of real estate entrepreneurship, international tourism and a rising middle class, the situation is so bad... 
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