Tag Archives: Spain

Euro dips below $1.36

Sentiment in the euro turned negative on Monday as markets were concerned about political risk in Europe following allegations of corruption in Spain against the Prime Minster. Another risk event for the euro is the upcoming election in Italy. The Spanish Prime Minster Mariano Rajoy is being accused of receiving illegal payments over the past two decades and is being asked to resign. If he...

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February 4, 2013 @ 1:15 pm

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Euro weakens after disappointing Spanish jobs figures

The euro is trading lower against the dollar in early Monday European trading hours after being weighed down by weak Spanish jobs data. Span is the fourth-largest economy in the euro zone and has been hit hard by the euro zone crisis, plagued by a deep recession that has created record high unemployment in the country, especially amongst youth. Data from the Spanish Labour Ministry...

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February 4, 2013 @ 10:57 am

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Spain’s jobless numbers rise for third month

Spain's registered jobless up 128,200 in October as the country's recession continues to take its toll. Spain, the fourth largest economy among the 17 countries that use the euro, is in its second recession in three years. The increase in the jobless registrations was more than the expected 90,300 and up from September’s 79,600. The new numbers brings the number of Spanish people without a...

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November 5, 2012 @ 10:00 am

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Spain’s jobless numbers rise for third month

Spain's registered jobless up 128,200 in October as the country's recession continues to take its toll. Spain, the fourth largest economy among the 17 countries that use the euro, is in its second recession in three years. The increase in the jobless registrations was more than the expected 90,300 and up from September’s 79,600. The new numbers brings the number of Spanish people without a...

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November 5, 2012 @ 10:00 am

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