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IPFS News Link • Economy - International

Spain’s Economy Is Now as Bad as Greece’s

• US & World Report
The unemployment rate in Spain recently hit an astounding 27.2 percent for the first quarter of 2013, which is the highest it's been in decades and higher than unemployment was in the United States during the Depression. Spain's unemployment rate now matches that of Greece, which is basically insolvent and dependent on European bailout aid.

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