Europe's Financial And Economic Mess Gets Messier Everyday



Spain's Unemployment Rate Rises To One In FIVE As Investors Fear Debt Crisis Of Greek Proportions -- Daily Mail

Spain's jobless rate has surpassed 20 per cent for the first time since 1997, sparking investors' fears that the country could soon be facing a debt crisis of Greek proportions.

The Spanish government revealed the figures today as it offered more dismal news for a recession-plagued economy that is being dragged into Europe's debt crisis.

The National Statistics Institute said the rate rose 1.22 percentage points in the first quarter to 20.05 percent.

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More News On Europe's Financial Crisis

Greece readies austerity measures -- Yahoo News/Reuters
As Greek Drama Plays Out, Where Is Europe? -- New York Times
Spain unemployment tops 20 percent -- CNN
Spain jobless rate over 20 pct, adding to woes -- AP
Downgraded Spain decides to shelve worthless enviro-energy projects -- Washington Examiner
Germany and Greece: Neither a borrower nor a lender be -- The Economist
Greek debt crisis: Bailout likely, but will it be enough? -- Christian Science Monitor
Financial Crisis in Greece, Europe Could Threaten US and World Economy -- L.A. Times
Crisis for Europe in Greek Debt? -- Council On Foreign Relations
FACTBOX-German commentaries on Greek debt crisis -- Reuters
Explaining German angst over Greece -- Gavin Hewitt, BBC
Angela Merkel is pushing Greece beyond the pain threshold -- Kevin Featherstone, The Guardian opinion
Europe's Other Crisis -- Mathew Kaminski, Wall Street Journal

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