JNN 03 June 2014 MADRID — Spain’s King Juan Carlos, who led Spain’s transition from dictatorship to democracy but faced royal scandals amid the nation’s near financial meltdown, will abdicate so his son can become the country’s next monarch, Spanish Prime Minister Mariano Rajoy told the country Monday in an announcement broadcast nationwide. Continue reading
JNN 20 Nov 2013 Barcelona : The name Mohammad is the second most common first name in Catalonia,the Break away Republic of Spain. Continue reading
JNN 22 Sept 2013 Madrid : Housing the remnants of Spain’s last Muslim communities, a string of tiny villages surrounded by snow-capped mountains in Alpujarras constitutes Granada’s last Muslim stronghold, where halal food attracts a growing number of tourists. Continue reading
JNN 13 Sept 2013 Barcelona : Hundreds of thousands of Catalans held hands in a 400-km (250-mile) human chain across their region on Wednesday to press the Spanish government to let them vote on breaking away and forming their own country. Continue reading
JNN 26 July 2013 Madrid : Spanish Prime Minister Mariano Rajoy has declared three days of mourning following one of Europe’s worst rail disasters, which killed at least 80 people. Continue reading
JNN 01 June 2013 Brussels : German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favour of tougher U.S. standards would spark a revolution. Continue reading
The total number of unemployed people in Spain has now passed the six million figure, although the rate of the increase has slowed.
The figures underline Spain’s struggle to emerge from an economic crisis which began five years ago.
A big demonstration in Madrid is being planned against the austerity measures.
On Friday, Prime Minister Mariano Rajoy will unveil fiscal and policy measures aimed at halting recession in the eurozone’s fourth-largest economy.
“These figures are worse than expected and highlight the serious situation of the Spanish economy as well as the shocking decoupling between the real and the financial economy,” said Jose Luis Martinez, strategist at Citi.
Last week, the International Monetary Fund cut its 2013 forecast for Spain’s growth to a 1.6% contraction from 1.5% and said the unemployment rate would peak at 27% this year.
The unemployment figure is the highest since at least 1976, the year after dictator Francisco Franco’s death began Spain’s transition to democracy.
The jobless rate, which stood at 7.9% in mid-2007, has risen relentlessly since the collapse in 2008 of a Spain’s labour-intensive property boom
Spain’s Official Population is around 47 Million which includes children and elders also who are not able to work , while about 6 Million of the Earning Members of the family are out of Work , which is a very alarming rate , as if this is not controlled , then the anarchy and chaos will grip the country badly , and as the Euro has exceeded its worth , and the Living expenses are so high , that it looks that it is now near to Impossible to create Jobs , until the salaries are cut and even very tough austerity measures are taken to control the situation , which is becoming uncontrollable .
On Wednesday, Mr Rajoy told parliament that the job situation for the entire year “will not be good, but it will be less bad than in the preceding years”.
“Next year we will have growth and jobs will be created in our country,” he said.
Meanwhile official figures in France also showed a fresh record high in unemployment. Some 3.2 million people are now seeking work in the eurozone’s second-largest economy.
JNN 03 Apr 2013 Brussels : Eurozone unemployment levels have hit 12 percent – the highest in the history of eurozone record-keeping, since the currency was launched in 1999. Continue reading
JNN 24 Jan 2013 Barcelona : Official data indicate that Spain’s unemployment rate hit a record high of 26.02 percent in the final quarter of 2012 as the country continues to grapple with economic problems. While the Economic Melt Down has further causing Divisions in Spain as the Catalan Region Parliament have approved the declaration of State of Sovereignty , which is the First Step towards the Independence of the Catalan Region from Spain . Continue reading
JNN 17 Nov 2012 MADRID/LISBON – Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Continue reading
JNN 02 Aug 2012 Rome : The number of people unemployed across the 17 countries that share the euro currency has hit a record high in June, official figures show. While Italy has been Among the worst hit, the Italian youth have been hit hard as joblessness among the people aged 15 to 24 stood at 34.3 percent in June. Continue reading
JNN 04 May 2012 LONDON — Record high unemployment for the 17 countries that use the euro is set to increase the pressure on Europe’s leaders to switch from a focus on austerity to a pro-growth strategy to stop the region from moving deeper into recession. Continue reading
JNN 24 Dec 2011 : Banks around the world are preparing for the possible collapse of the euro as fears of the European debt crisis increase. Continue reading
JNN 20 June 2011 MADRID – Tens of thousands of protesters flooded the streets of Madrid on Sunday blaming bankers and politicians for causing a financial crisis that forced the country to adopt painful spending cuts. Continue reading
JNN 31 May 2011 : Thousands of protesters in central Madrid have voted to continue their mass sit-in against the government’s economic austerity measures. Continue reading
JNN 21 May 2011 : Mass protests in Spain against unemployment and tight austerity measures continue for a seventh consecutive day despite a pre-election ban on demonstrations. Continue reading
According to the survey by the Pew Forum on Religion and Public Life, Muslims currently account for just over 1 million of Spain’s overall population, which is expected to increase to about 1.9 million in the next two decades, a Press TV correspondent reported on Sunday. Continue reading