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organisation > Bank of Spain
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Unemployment drops by 0.9 percentage points as recession-crippled country shows signs of economic recovery.
Nearly 55 percent of Spanish youth under 25 years out of job as unemployment rate surges to 26 percent in final quarter.
Nearly 55 percent of Spanish youth under 25 years out of job as unemployment rate surges to 26 percent in final quarter.
Preliminary approval given despite opposition protests.
Demonstrators push for "surround parliament" protests as legislators meet to debate 2003 budget cuts.
According to an independent audit, Spain's troubled banks need an extra €59.3bn to survive a serious economic downturn.
Madrid outlines further $50bn worth of savings, tax rises, and structural reforms.
At about 25 per cent, it is highest jobless rate in industrialised world, with young people particularly affected.
Temporary measure by stock market watchdog CNMV is prompted by volatility in country's and European markets.
With long-term funding costs above the danger level, latest figures show the country's economy is shrinking fast.
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