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Spain eases austerity as 2014 budget banks on recovery

Spain’s government has presented its most pain-free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Nevertheless, Prime Minister Rajoy still needs to dole out some bitter pills. Based on...

Spain unemployment falls steeply as tourism booms

The Spanish government has said unemployment in the crisis-stricken southern European nation has gone down markedly over the past four weeks. The main reason was a strong tourist season. The number of officially registered job...