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  • World Business

World Business: Spanish Economy Stagnation -- 20/05/11 | PBS

Duration: 06:50
Program: World Business
Broadcast Date: May. 20, 2011

World Business: With Portugal becoming the third Eurozone country to need a financial bailout, its neighbour Spain is determined not to follow. Tough austerity measures have been introduced, but the country is still in terrible condition. Growth for 2011 is predicted to barely top 1% and the country could be looking at 10 years of stagnation. Reporter: Karan Singh

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Post Date: June 1, 2011