Spain Reminds Us That The Worst Is Yet To Come In Europe

Spain, which has the 4th largest economy in Europe, is currently struggling with high unemployment (the highest unemployment rate in Europe), increased borrowing costs, a stressed banking system and rising tensions amongst its citizens as it relates to austerity measures being considered by Spanish Prime Minister Mariano Rajoy.

http://www.forbes.com/sites/advisor/2012/09/28/spain-reminds-us-that-the-worst-is-yet-to-come-in-europe/

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