Spanish Contagion Update: Green Shoots


This is an update to my depressing Spanish recession blog entry from 4 years ago: The WSJ finally announced the

"End of Recession in Spain Fuels Hopes for the  for Euro Zone"

The article neglects to mention that Spanish unemployment is still exceeding 26%. Yes, this is no typo. Youth unemployment (16-24 year olds) has dropped below 55%. But these are good numbers compared to the Spanish economic situation in the past (see the Guardian's analysis)

 Spain unemployment

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