The sense of danger in the eurozone following the financial and sovereign debt crises of Greece, Ireland and Portugal, remains with fears of similar risks to other economies in southern Europe. Spain and Italy are in the spotlight as Cyprus reaches a last-minute rescue deal. Events in Spain are confirming everyone’s worst fears but it remains crucial to the EU.

SPAIN’S faltering economy, the fourth largest in the eurozone, could threaten the entire European Union and the future of the common currency.

Securing the eurozone is the EU’s prime goal and Spain could be one of its biggest challenges as the risks continue to increase. Bailouts have already ...

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Professor Jaime Nogueira Pinto
Total unemployment reached 26 per cent or around six million for the last three months of 2012. Youth unemployment, those aged between 16 and 24, is at a staggering 55 per cent
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