Absolutely no concessions to the Spanish labor market, and today's data now showed an increase in the unemployment rate to horrific 21,3% in the first quarter from 20,3% in the fourth, and this was a peak in 14 years. And the bad news does not end there - the inflation in April exceeded the 3.8% y / y, and retail sales failed to 8,6% y / y in March. These data demonstrate the continued support of the intensity of fears for the solvency of Spain.Friday, April 29, 2011
Spain suffers
Absolutely no concessions to the Spanish labor market, and today's data now showed an increase in the unemployment rate to horrific 21,3% in the first quarter from 20,3% in the fourth, and this was a peak in 14 years. And the bad news does not end there - the inflation in April exceeded the 3.8% y / y, and retail sales failed to 8,6% y / y in March. These data demonstrate the continued support of the intensity of fears for the solvency of Spain.





