Tag Archives: Spain bailout

Spanish unemployment at record highs

Spanish joblessness has reached record highs as the unemployment rate rises past 25 percent in the third quarter. A report compiled by the National Statistics Institute in Madrid shows one out of four Spaniards are out of a job between the months of July and September, bringing the total number of unemployed to 5.8 million. The official unemployment rate has risen to 25.02 percent, moving...

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October 26, 2012 @ 9:28 am

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Spanish unemployment at record highs

Spanish joblessness has reached record highs as the unemployment rate rises past 25 percent in the third quarter. A report compiled by the National Statistics Institute in Madrid shows one out of four Spaniards are out of a job between the months of July and September, bringing the total number of unemployed to 5.8 million. The official unemployment rate has risen to 25.02 percent, moving up...

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October 26, 2012 @ 9:28 am

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Market review – EURUSD breaks below $1.30 on Spain concerns

Risk aversion pushed euro and high beta currencies lower during the European trading session today. Spain dominated the news again after Moody’s announced it downgraded five Spanish regions as the country’s troubled banking sector weighs on the economy. There is growing concern regarding Spain’s deficit after news reports show that the Spanish government said it will not be able to...

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October 23, 2012 @ 12:08 pm

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Market review – EURUSD breaks below $1.30 on Spain concerns

Risk aversion pushed euro and high beta currencies lower during the European trading session today. Spain dominated the news again after Moody’s announced it downgraded five Spanish regions as the country’s troubled banking sector weighs on the economy. There is growing concern regarding Spain’s deficit after news reports show that the Spanish government said it will not be able to meet...

Continue reading...

October 23, 2012 @ 12:08 pm

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