Wednesday, January 30, 2013

Spain GDP Shrinks For Sixth Straight Quarter as they Sink Deeper into Recession

Spain has sunk even deeper into recession, according to newly released figures.

The struggling eurozone country saw its gross domestic product (GDP) shrink by 0.7% in the fourth quarter.

The contraction was worse than expected and means Spain has now suffered six straight quarters of negative growth.

http://news.sky.com/story/1044866/spain-gdp-shrinks-for-sixth-straight-quarter