Rain falls on Spanish economy

The sun might be shining in Spain, but its economic forecasts are as gloomy as our own.

9th August, 2008

The sun might be shining in Spain, but its economic forecasts are as gloomy as our own.

Spain continues to be a favoured destination for Irish holiday makers. But visitors this summer hoping to get a break from the stream of disappointing economic and financial news here at home would do well to ignore local newspaper headlines and general commentary around the local economy there.

As Pedro Solbes, the Minister for Economy and Finance, basically...

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