Tag Archives: Eurozone

More Spanish Leeway?

Madrid looks much further off track. Spain, in recession last year and seen shrinking again this year, was asked last July to cut its structural deficit by 2.7 points in 2012 to 4.3 percent of GDP and by 2.5 points … Continue reading

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Spain Takes a Backseat

The Eurozone will continue in recession through 2014. Critics point to Spain, France and Portugal as the worst economies in Europe. Spain promised to cut their debt to 6.3 percent of national production, but ended the year with 10,2 percent … Continue reading

Posted in A1 - Beginners English, A2 - Waystage English (Pre-Intermediate) | Tagged , , , | Leave a comment