927:. This rating allows the ECB to use a lower margin for banks that borrow with Spanish debt as collateral. After a more recent review, Moody's maintained Spain's investment-grade credit rating, removing the pressure on the country's debt. This decision by Moody's assured that Spanish bonds will continue to gain investor support; yields fell 5.50%, a level last seen in April 2012. Although Moody's can still downgrade the country's ratings in the future, the decision to not downgrade will encourage the buying of Spain's bonds.
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300:. While some observers suggest that a soft landing would occur, others suggest that a crash in prices is probable. Lower home prices would allow low-income families and young people to enter the market; however, there is a strong perception that house prices never go down. As of August 2008, while new constructions have come virtually to a halt, prices have not had significant movements either up or downwards. The national average price as of late 2008 is 2,095 euros/m.
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213:(ESM). In addition to applying for a €100 billion bank recapitalization package in June 2012, Spain negotiated financial support from a "Precautionary Conditioned Credit Line" (PCCL) package. If Spain applied and received a PCCL package, irrespective to what extent it subsequently decided to draw on this established credit line, this would at the same time immediately qualify the country to receive "free" additional financial support from the
527:, Spain suffered a severe setback in October 2008, when it saw its unemployment rate surging to 1996 levels. Between October 2007 and October 2008, Spain had its unemployment rate climb 36%, exceeding by far the unemployment surge of past economic crises like 1993. In particular, in October 2008, Spain suffered its worst unemployment rise ever recorded and, the country has suffered Europe's biggest unemployment crisis during the 2008 crisis.
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put in place to restore the economy. Many youths are trying to find jobs abroad, creating a problem for the future domestic economy and job market. Rajoy proposed a new budget for 2013 that would cut government spending by 8.9%. By April 2013, unemployment had risen to 27%, but decreased to around 15%-16.1% as of
February 2018, and Spain became one of Europe's fastest-growing economies, thus demonstrating that the country was improving.
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985:. The Statute of Autonomy included a package of laws that gave more power to the region and would have recognized Catalonia as a nation, although one still within Spain. As with the rest of Spain, Catalonia has had high levels of unemployment. As many as 22% of the economically active population were unemployed, which is still lower than Spain's national jobless rate, yet higher than Madrid's. In 2010,
801:, a rarity in a country with so many coastal towns. Indeed, the EU as a group saw a decline in tourists coming to their countries in 2008 and 2009, with −13% tourism growth in coastal Spain. Despite its traditional popularity with Korean and Japanese tourists, the relatively expensive cost of holidaying in Spain led many to pursue "sun and beach" Mediterranean getaways in Turkey, Spain's tourism rival.
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and his left-wing government. Trying to get Spain out of the highest unemployment rate in the
European Union proved to be harder than expected. The bailout for Spain was estimated to be insufficient to restore the economy. With a serious level of debt in the country, substantial cuts would have to be
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confirmed that the total number of people leaving the country (Spaniards and non-Spaniards) had over taken the number of arrivals. Spain is now a net emigrant country. There are now indications that established immigrants have begun to leave, although many that have are still retaining a household in
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for a paycheck. The State
Secretary for Unemployment states that higher education is a way for the current generation to battle this issue; however, government cuts are occurring that slash university staff salaries and increase the number of students per class. For those paying their own way through
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Unemployment for those under 25 was reported to be up to 50%. Spain's current generation is considered the most educated that the country has ever had, yet it faces the greatest rate of unemployment in Europe. Roughly 68% of young people are willing to leave the country to search for a job, and those
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and the 10-year bond yield at 7.5% (23 July 2012), Spain's economic minister traveled to
Germany to request that the ECB facilitate government bond purchases to "avoid an imminent financial collapse". Promised borrowing by the ECB enabled Spain's 10-year yield to stay below or close to the 6% level,
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Spain, as in other southern
European nations, relies heavily on the inter-generational family structure for a significant portion of the social safety net. Employment expectations should be adjusted for this cultural ethos. The unemployment rate for the "principal breadwinner" is 12.4% less than the
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Spain's unemployment rate hit 17.4% at the end of March 2009, with the jobless total now having doubled over the past 12 months, when two million people lost their jobs. In this same month, Spain had over 4 million people unemployed, By July 2009, it had shed 1.2 million jobs in one year and was to
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Since then, the country's borrowing costs have reached levels deemed unsustainable in the long run, raising the prospect of a second aid program for Madrid following the 100 billion euro lifeline it obtained for its banks in June. Spain expected the
European Commission to approve the restructuring
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Housing prices were projected to fall another 25%. Government protections allow banks to avoid marking-to-market to postpone losses. "Spanish housing prices are now falling at the fastest pace on record" dropping 15.2% over the last year. Mortgage holders must continue to pay the debt even after a
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House ownership in Spain is above 80%. The desire to own one's own home was encouraged by governments in the 60s and 70s, and has thus become part of the
Spanish psyche. In addition, tax regulation encourages ownership: 15% of mortgage payments are deductible from personal income taxes. Even more,
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Spain entered the crisis period with a relatively modest public debt of 36.2% of GDP. This was largely due to ballooning tax revenue from the housing bubble, which helped accommodate a decade of increased government spending without debt accumulation. In response to the crisis, Spain initiated an
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would enable the
Spanish government to make a formal request for the €100 billion credit line. Further analysis and tests would be undertaken prior to restructuring and recapitalization over the following year. Restrictions on the credit line exempting funds from covering "legacy assets" suggests
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It was later revealed that nearly all the
Spanish representatives in Congress had large investments in the housing sector, some owning up to twenty houses. Over time, more and more news has emerged about the informal alliance between Spanish central and regional governments and the banking sector
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interest). In 2004, 509,293 new properties were built in Spain and in 2005 the number of new properties built was 528,754. In a country with 16.5 million families, there were 22–24 million houses and 3–4 million empty houses. From all the houses built over the 2001–2007 period, "no less than 28%"
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against its main trading partners, an above-average inflation rate, house price increases, and a growing family indebtedness. During the third quarter of 2008 the national GDP contracted for the first time in 15 years, and, in
February 2009, Spain (and other European economies) officially entered
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In stark contrast to countries like Ireland, no nationalization took place. Instead the problem was rolled over with the extension of the remaining real estate companies debts, while the central government bailed once and again banks and cajas alike. For more than three years, there was a steady
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As of October 2010, the Spanish economy continued to contract, resulting in decreasing GDP and increasing inflation. From 2011 to 2012 alone, prices rose 3.5% as compared to 2% in the United States. The rise in prices, combined with the recently implemented austerity measures and extremely high
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A larger economy than other countries that have received bailout packages, Spain had considerable bargaining power regarding the terms of a bailout. Due to reforms already instituted by Spain's conservative government, less stringent austerity requirements were included than for earlier bailout
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Spain's unusual accounting standards, intended to smooth earnings over the business cycle, have misled regulators and analysts by hiding losses and earnings volatility. The accounting technique of "dynamic provisioning", which violated the standards set by the International Accounting Standards
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to the Spanish government. The Spanish government was then expected to give the appropriate amount of money to the respective banks. On 21 June 2012 it was decided that 62 billion euros would be shared among the Spanish banks in need. The European Union warned that rescued banks are subject to
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bubble and the accompanying unsustainably high GDP growth rate. The ballooning tax revenues from the booming property investment and construction sectors kept the Spanish government's revenue in surplus, despite strong increases in expenditure, until 2007. The Spanish government supported the
374:, thanks to the country's conservative banking rules and practices. Banks are required to have high capital provisions and demand various proofs and securities from intending borrowers. Nevertheless, this practice was greatly relaxed during the housing bubble, a trend to which the regulator (
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standards. The banks in Spain were able to hide losses and earnings volatility, mislead regulators, analysts, and investors, and thereby finance the Spanish real estate bubble. The results of the crisis were devastating for Spain, including a strong economic downturn, a severe increase in
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announced on 11 July 2012 €65 billion of austerity, including cuts in wages and benefits and a VAT increase from 18% to 21%. The government eventually succeeded in reducing its budget deficit from 11.2% of GDP in 2009 to 8.5% in 2011, and it was expected to fall further to 5.4% in 2012.
763:" that is constantly looking for work and whose futures are closed off from "good careers". The stress of unemployment has also affected personal relationships, with many young adults separating from their partners. Youth unemployment is about double the overall rate of unemployment.
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have been prevalent: it has been speculated that this was because of the fear that laid-off senior members would talk about the sector's rampant malpractice. To this date, no bankers have been legally charged for having roles in this process.
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held an emergency meeting to discuss how to inject capital into Spanish banks. The IMF estimated the capital needs of the Spanish banks to be about 40 billion euros. The Eurogroup announced intentions to provide up to 100 billion euro to the
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their studies, the tough economy has made it nearly impossible to find a job and study simultaneously. Hopes for the future are dwindling as Spain's unemployment rate is almost as high as it was for the United States during the
69:, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Knowledge.
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process of bank concentration. Spain had the densest bank office net in Europe, which led many bank employees to be dismissed. By contrast, bank board members have mostly kept their roles, even those in merged entities.
194:. The economy contracted 3.7% in 2009 and again in 2010 by 0.1%. It grew by 0.7% in 2011. By the 1st quarter of 2012, Spain was officially in recession once again. The Spanish government forecast a 1.7% drop for 2012.
285:, between June 2007 and June 2008, Spain has been the European country with the sharpest plunge in construction, with actual sales down an average 25.3%. So far, some regions have been more affected than others (
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instead, as Spain registered in January 2009 its lowest inflation rate in 40 years which was then followed in March 2009 by a negative inflation rate for the first time ever since this statistic was recorded.
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The high unemployment rate, at 56% as of June 2013, has been considered to be overstated. Subtracting students and young mothers not looking for jobs, the actual number is closer to 22%.
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deals" in which the debt is cancelled if the property is surrendered, allowing the bank to quickly sell and recoup a greater percentage of the loan or turn the property into a rental.
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Even though some fundamental problems in the Spanish economy were already evident far ahead of the crisis, Spain continued the path of unsustainable property led growth when the
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found themselves left with the collateral and properties of those companies, namely overpriced real state and residential-zoned land now rendered worthless, rendering the
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The provision of up to €100 billion of rescue loans from eurozone funds was agreed by eurozone finance ministers on 9 June 2012. As of October 2012, the so-called Troika (
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plans of the banks needing aid on 15 November 2012 and then to authorize the disbursal of the first credit line of up to 100 billion euros within three weeks after that.
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its banks, its debt will approach 90% of GDP. To avoid this, the EU pledged to lend to banks directly although it then appeared that the Spanish government might have to
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390:, while all the major parties are significantly indebted with banks, and such debts are extended from time to time) which increased the bubble size over the years. Most
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On 9 June 2012 Eurozone finance ministers agreed that Spanish banks would be provided with up to €100 billion of rescue loans. This money was to be distributed via the
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welcomed the move, praising the combination of a "thorough restructuring of the banking sector", structural reforms, and fiscal consolidation; U.S. Treasury Secretary
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In May 2012, Spanish banks lent €1.66 trillion to the private sector and took in €896 billion. Historically it would borrow the difference from foreign banks (i.e.,
2013:
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25% overall rate (June 2012.) Employment is also found in the underground economy, which is estimated to be as large as 20% of the economy during the boom years.
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1016:, which was downgraded to being a more informal ballot after further intervention by the Constitutional Court. The dispute remained unresolved as of March 2015.
511:. This is part of a €37 billion EC bailout or restructuring approved in June 2012. It included loss-taking by investors of up to €10 billion, the creation of a "
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315:. For instance, the town of Valdeluz was constructed for 30,000 people, but had a population of only 700 people in 2011. Ghost airports such as €1.1 billion
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As of 15 June 2012, Spain's public debt stood at 72.1% of GDP, still less than the eurozone average of 88%. If Spain uses the €100 billion credit line to
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is generally rising again. Furthermore, violent unrest in North Africa and the Middle East is redirecting tourists towards stable countries like Spain.
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lender, was nationalized on 9 May, and on 25 May it announced that it would require a bailout of €23.5 billion to cover losses from failed mortgages.
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In addition to Spanish banks, other European banks have a sizable presence in Spain. German banks lead with an exposure of $ 146 billion. Germany's
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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By the end of 2012, Spain's unit labor costs improved. It narrowed the gap with Germany by 5.5% and 4.6% with respect to France. Spain's policy of
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As the EU's fifth-largest economy, Spain remained a large concern. In 2011 the conservative Mariano Rajoy took over the government, pushing out
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As the financial crisis was getting started in Spain, it was already underway in the United States and other western countries. The decrease in
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After having completed substantial improvements over the second half of the 1990s and during the 2000s, which put a few regions on the brink of
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against Spanish sovereign debt were discouraged and 10-year bond yields stayed below the 6% level, approaching the 5% level by the end of 2012.
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The Spanish banking system had been credited as one of the most solid and best equipped among all Western economies to cope with the worldwide
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808:, and other non-economic factors are contributing to its resurgence as a tourist destination. While Spain's economy itself is not doing well,
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of money decreases as well. The frustration of this decreases in buying power has manifested in several, very large, worker demonstrations.
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cut Spain's rating. On 18 October 2011 Moody's Rating cut Spain's rating by 2 notches to A1 from Aa2 with the outlook remaining negative.
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209:) was in negotiations with Spain to establish an economic recovery program required for providing additional financial loans from the
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In 2012, unions organized a general strike to protest proposals to weaken union power, enable cuts in wages, and lower firing costs.
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the oldest apartments are controlled by non-inflation-adjusted rent controls and eviction is slow, therefore discouraging renting.
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that happened in the second half of 2008 plus the confirmed burst of the property bubble, concerns quickly shifted to the risk of
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added much pressure to the inflation rate. Thus, in June 2008 the inflation rate reached a 13-year high of 5.00%. Then, with the
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when the country was unable to bail out its financial sector and had to apply for a €100 billion rescue package provided by the
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in July 2012. Depositors were fleeing Spanish banks; deposits dropped 4.7% from June to July (2012) as money was moved abroad.
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cut it to the same level on 7 October 2011. On 14 June 2012, Moody's downgraded Spain to Baa3, just one notch above "junk".
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said that the ECB was "ready to do whatever it takes to preserve the euro". Announced on 6 September 2012, the ECB's
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Content in this edit is translated from the existing Spanish Knowledge article at ]; see its history for attribution.
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Board, obscured capital cushions until they were depleted, allowing the appearance of health as problems mounted.
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cut public sector salaries by 5% with an additional 7.1% cut consisting of a suspension of the "14-month bonus".
228:(OMT) program of unlimited purchases of short-term sovereign debt put the ECB's balance sheet behind the pledge.
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However, Spain has also seen the largest growth in tourism since 2011 and 2012. Its geographic advantages, the
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critical development by relaxing supervision of the financial sector and thereby allowing the banks to violate
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was the first to produce a majority for openly separatist parties. Prime Minister Mariano Rajoy insisted that
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2033:"Euro-Zone Banks Cut Back Lending: ECB Loans to Spain Soar, as Germany Pulls Back, Underlying Risks to South"
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In June 2012, the Spanish 10-year government bond reached 7%, 5.44% over the German 10-year bond. As Spanish
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unemployment, are heavily impacting the livelihood of Spanish citizens. As the average wage decreases, the
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2380:"Spain's Unemployment Rate Is Now Almost As High As US Unemployment In Great Depression - Business Insider"
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1614:"Más de 900.000 viviendas construidas en los años del 'boom' inmobiliario están vacías - Cotizalia.com"
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515:" to absorb up to €45 billion of failed loans, closing thousands of bank branches, and reducing staff.
2344:"INEbase / Mercado laboral /Actividad, ocupación y paro /Encuesta de población activa / Últimos datos"
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The turning point for the Spanish sovereign debt crisis occurred on 26 July 2012, when ECB President
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2111:"Bail-out tapas: Spain has taken painful steps to clean up its banks, but more may yet be needed"
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759:. People are beginning to fear the transformation of this generation into one referred to as a "
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Large-scale immigration continued throughout 2008 despite severe unemployment, but by 2011 the
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combined. By March 2012, Spain's unemployment rate reached 24.4%, twice the eurozone average.
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unsuccessfully tried to get such a move approved in Parliament in 2008. Catalan president
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was ahead in this regard with a 42.2% sales plunge while sparsely populated regions like
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1159:"Spain: Still in the Throes of the Great Recession – The Spanish Economy Sinks Further"
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lent heavily to real estate companies that at the end of the bubble went bankrupt; the
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2714:"Reunión en Berlín: el Gobierno se plantea pedir una línea de crédito para salvar el"
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Demonstration against the crisis and high youth unemployment in Madrid, 15 May 2011.
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2145:"La recesión económica provoca en octubre la mayor subida del paro de la historia"
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1235:"El tirón de las importaciones eleva el déficit exterior a más del 10% del PIB"
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1785:"Amazing Satellite Images Of Spanish Ghost Towns -- Abandoned Since The Crash"
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1904:"Spain: Devastating impact of the economic crisis | socialistworld.net"
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1599:"Number of new properties according to the Ministry of Housing in Spain"
1389:"FAQ about European Financial Stability Facility (EFSF) and the new ESM"
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Spain due to the poor conditions that exist in their country of origin.
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2884:"Comunicado íntegro del Eurogrupo sobre el rescate a la banca española"
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312:
91:
to the source of your translation. A model attribution edit summary is
3038:
3032:
Sahuquillo, María R.; Aunión, J. A.; Mars, Amanda (29 December 2013).
2231:
2149:
1239:
281:
popped Spain became one of the worst affected countries. According to
5502:
5209:
2901:"Spain Bailout Request Could Come in November — Business News - CNBC"
1158:
1130:"TWO-TIER LABOUR MARKETS IN THE GREAT RECESSION: FRANCE VERSUS SPAIN"
1009:
982:
944:
500:
461:
446:
422:
of several Spanish banks were downgraded, some to "junk" status. The
344:
331:
Due to the lack of its own resources, Spain has to import all of its
286:
191:
1954:
1661:"Todo lo que tienes que saber sobre los alquileres de renta antigua"
919:
downgraded Spain to BBB− (one notch above junk) on 11 October 2012.
851:
750:
with college degrees are willing to settle for working at so-called
217:(ECB), in the form of some unlimited yield-lowering bond purchases.
4928:
3413:
3370:
2910:
2652:
2014:"Spain's crisis flares again as AAA club scuppers bank rescue deal"
1994:
581:
512:
438:
282:
2052:"Spanish Banks' ECB Loans Rise as Rajoy Mulls Second Bailout Call"
923:
downgraded Spain to single-A, which remains higher than the major
246:
4858:
1992:
1343:
977:
One effect of the financial crisis is an increase in support for
841:
2722:
En juego, por tanto, está evitar un colapso financiero inminente
2579:"Eurozone crisis live: German parliament approves Greek package"
2558:
2463:(this periodical appears to be more blog-like than journalistic)
2030:
386:(for example, the government pardon of the second-in-command at
66:
1931:"Spanish Lender Seeks 19 Billion Euros; Ratings Cut on 5 Banks"
496:
423:
3047:"Policy Alternatives for a Return to Full Employment in Spain"
2614:
2278:
1744:
Mickey Levy, Chief Economist, Bank of America (19 July 2012).
4889:
2931:
2475:"300.000 inmigrantes han vuelto a su país por culpa del paro"
2300:"Spain Vows to Resist Strikers' Demands to Reverse Labor Law"
1973:
1074:
993:, which further irritated Catalan secessionist organization.
668:
532:
495:'s plan to shrink and restructure three major Spanish banks —
150:
3012:"Ruling party in Catalonia region loses seats in parliament"
296:
Banks offered 40-year mortgages and, more recently, 50-year
2905:
1346:"Spain Slips Back into Recession in First Quarter: Economy"
920:
824:
Spanish debt as % of GDP vs. Eurozone average, by year
781:
2957:
2733:
737:
2986:"Europe Is Ready With Aid for Spanish Banks, France Says"
2773:"Spain's Rating Cut by Moody's for Third Time Since 2010"
2695:"Spain's borrowing costs at fresh high after Moody's cut"
829:
austerity program consisting primarily of tax increases.
2634:
Gabriele Steinhauser and Jonathan House (19 June 2012).
2596:
Charles Forell and Gabriele Steinhauser (11 June 2012).
2407:"As Europe struggles, young job-seekers suffer the most"
1363:"Spanish banks to get up to 100bn euros in rescue loans"
2934:"Spain Holds a Trump Card in Bank Bailout Negotiations"
2865:"El Gobierno español pide el rescate bancario a Europa"
2011:
953:
control and experts would meet stringent requirements.
99:{{Translated|es|Crisis económica española (2008-2014)}}
1381:
3719:
Post-Napoleonic Irish grain price and land use shocks
2093:"Spain banks to cut jobs and shrink in restructuring"
1955:
Sara Schaefer Munoz and Laua Stevens (27 June 2012).
1829:"In Spain, a Symbol of Ruin at an Airport to Nowhere"
1804:"The white elephants that dragged Spain into the red"
1582:"Spanish economy: What is to blame for its problems?"
3031:
2653:
Geoffrey T. Smith and Matina Stevis (29 June 2012).
1201:"The EU Smiled While Spain's Banks Cooked the Books"
62:
58:
a machine-translated version of the Spanish article.
1974:Laura Stevens and Eyk Henning (24 September 2012).
1344:Emma Ross-Thomas and Simone Meier (30 April 2012).
1194:
1192:
1180:
892:settling below the 5% level in the spring of 2013.
174:unemployment, and bankruptcies of major companies.
2734:Emese Bartha; Jonathan House (18 September 2012).
2444:"Spain sees first drop in immigration in a decade"
2320:
2218:
2189:
3268:Economic and Monetary Union of the European Union
2844:
2559:David Roman and Nicholas Winning (11 July 2012).
2534:
2246:
2123:
2031:Charles Forelle and David Enrich (14 July 2012).
1993:Victor Mallet and Patrick Jenkins (5 July 2012).
1537:"Europe calmed by firm hand on edge of the abyss"
769:
5721:
2755:"Bonds' Yields Trump Worries on Spain and Italy"
2297:
2279:Jonathan House and David Roman (28 April 2012).
2072:
1555:""According to the Spanish Ministry of Housing""
1534:
1189:
1077:, bank set up to take over assets from the banks
2932:Nicholas Kulish; Raphael Minder (6 June 2012).
2804:"S&P cuts Spain credit rating to near junk"
2689:
2687:
2615:Jonathan House and David Roman (15 June 2012).
2561:"Madrid Austerity Plan Boosted to $ 80 Billion"
1579:
1291:"Spain facing long haul as recession confirmed"
1004:does not allow for a region to secede. Spain's
2840:
2838:
2836:
2820:
2136:
1957:"European Banks Are Facing More Pain in Spain"
1928:
1759:
1757:
1747:Europe on the brink: How should the US engage?
1629:
1627:
1497:
1263:"Boomtime Spain waits for the bubble to burst"
1176:
1174:
1172:
531:have the same number of jobless as France and
87:accompanying your translation by providing an
49:Click for important translation instructions.
36:expand this article with text translated from
4874:
4847:List of stock market crashes and bear markets
3386:
3093:
3079:
2671:
2441:
2012:Ambrose Evans-Pritchard (28 September 2012).
1198:
1111:List of stock market crashes and bear markets
293:were down a mere 1.7% over the same period).
2958:Peter Spiegel; Victor Mallet (6 June 2012).
2801:
2684:
2598:"Latest Europe Rescue Aims to Prop Up Spain"
2466:
1976:"State of Europe's Banks: Safe and Stressed"
1870:
1763:
1500:"How Europe's Currency Survived 2012 Intact"
961:packages for Ireland, Portugal, and Greece.
911:has downgraded Spain on 14 October 2011 and
741:Demonstration against labor market reforms,
2983:
2895:
2893:
2833:
2752:
2736:"Spain Debt Sells Despite Bailout Pressure"
2711:
2589:
2542:"The Spanish bail-out: Going to extra time"
2524:"Despite economy, Spanish tourism prospers"
2354:
2272:
2066:
1841:
1821:
1754:
1624:
1573:
1357:
1355:
1254:
1169:
437:entered the market during the early 2000s.
4881:
4867:
3393:
3379:
3086:
3072:
1849:"Spain's Vegara does not expect deflation"
1226:
1047:Annex: Political corruption cases in Spain
939:Demonstration in Madrid, 25 September 2012
895:In 2016, public debt reached 101% of GDP.
250:Unfinished buildings due to the crisis in
181:. In these times Spain had already a huge
4668:2015–2016 Chinese stock market turbulence
2960:"Europe weighs up limited Spanish rescue"
2881:
2435:
2049:
1922:
1447:"Opposition wanes to Spanish aid request"
930:
359:
304:foreclosure. Banks have begun to accept "
2890:
2472:
2224:
2142:
1876:
1782:
1352:
1260:
934:
850:
819:
797:of consumers led to a sharp decrease in
736:
473:limits to the planned banking bailouts.
245:
171:International Accounting Standards Board
124:
3058:Center for Economic and Policy Research
3009:
2847:"Spanish Bonds Get Reprieve on Ratings"
2636:"Spanish Woes Cast Rescue in New Light"
2404:
1995:"Spanish Banks' Tale of Woe to Drag On"
1766:"Fall in Spain's House Prices Steepens"
1608:
1606:
1473:"Spain prepares to make rescue request"
1232:
972:
258:The residential real estate bubble saw
5722:
4573:Venezuelan banking crisis of 2009–2010
4343:South American economic crisis of 2002
4240:Black Wednesday (1992 Sterling crisis)
2503:"Impact of Crisis on Tourism in Spain"
2124:Christopher Bjork (28 November 2012).
2073:Gustav Sandstrom (24 September 2012).
1801:
1282:
5152:Natural Sites of Community Importance
4862:
4624:2013 Chinese banking liquidity crisis
4580:2010–2014 Portuguese financial crisis
4056:Secondary banking crisis of 1973–1975
3374:
3067:
2977:
2925:
2882:Gutiérrez, Juan Jesús (9 June 2012).
2845:Tommy Stubbington (17 October 2012).
2674:"Doubts Emerge in Bloc's Rescue Deal"
2075:"Nordic Banks Gain New Status: Haven"
1535:Kyran Fitzgerald (22 December 2012).
1421:"Spain to ask for bailout next month"
1394:. EFSF. 3 August 2012. Archived from
732:
4654:Russian financial crisis (2014–2016)
4507:2008–2011 Icelandic financial crisis
4500:2008–2009 Ukrainian financial crisis
4465:2000s U.S. housing market correction
4305:1998–2002 Argentine great depression
3400:
3320:2010 European Union bank stress test
2951:
1603:
1498:Stephen Fidler (28 September 2012).
1026:2008–2014 Spanish real estate crisis
518:
392:regional semi-public savings banks (
18:
5631:UNESCO Intangible Cultural Heritage
4811:2023–2024 Egyptian financial crisis
4646:Puerto Rican government-debt crisis
4639:2014–2016 Brazilian economic crisis
4012:1963–1965 Indonesian hyperinflation
3915:Shanghai rubber stock market crisis
3604:Dutch Republic stock market crashes
3217:Icelandic financial crisis protests
2869:www.20minutos.es - Últimas Noticias
2521:
2197:"Spain's jobless rate soars to 17%"
1288:
1181:Juan Carlos Hidalgo (31 May 2012).
1034:2008–present Spanish society crisis
950:Fund for Orderly Bank Restructuring
454:Fund for Orderly Bank Restructuring
13:
4888:
4617:2012–2013 Cypriot financial crisis
4521:2008–2014 Spanish financial crisis
4493:2008–2009 Russian financial crisis
4486:2008–2009 Belgian financial crisis
4181:1988–1992 Norwegian banking crisis
3676:British credit crisis of 1772–1773
3315:United Kingdom bank rescue package
2298:Emma Ross-Thomas (20 March 2012).
2207:from the original on 27 April 2009
1855:, 13 February 2009, archived from
1039:2017 Spanish constitutional crisis
235:
135:2008–2014 Spanish financial crisis
14:
5841:
4804:2023 United States banking crisis
4610:2011 Bangladesh share market scam
4298:1998–1999 Ecuador economic crisis
4262:Venezuelan banking crisis of 1994
4188:Japanese asset price bubble crash
4129:Souk Al-Manakh stock market crash
3879:Australian banking crisis of 1893
3683:Dutch Republic financial collapse
3025:
2779:. 19 October 2011. Archived from
1764:Art Patnaude (14 December 2012).
991:Statute of Autonomy for Catalonia
903:For the third time in 13 months,
145:, began in 2008 during the world
3661:Amsterdam banking crisis of 1763
3336:List of countries by public debt
3010:Goodman, Al (25 November 2012).
2821:Richard Barley (9 August 2012).
2802:Daniel Bases (11 October 2012).
2655:"EU Leaders Provide Few Details"
2454:from the original on 8 July 2011
1802:Harter, Pascale (26 July 2012).
1750:. American Enterprise Institute.
1261:Crawford, Leslie (8 June 2006),
1014:independence referendum for 2014
23:
5195:Autonomous communities of Spain
4386:2007 Chinese stock bubble crash
3712:Danish state bankruptcy of 1813
3003:
2875:
2857:
2814:
2795:
2765:
2746:
2727:
2705:
2665:
2646:
2627:
2608:
2571:
2552:
2515:
2496:
2417:
2398:
2372:
2336:
2314:
2291:
2164:
2126:"EU Clears Spanish Bank Rescue"
2117:
2103:
2085:
2043:
2024:
2005:
1986:
1967:
1948:
1896:
1795:
1776:
1737:
1711:
1679:
1653:
1592:
1580:Laurence Knight (18 May 2012).
1547:
1528:
1510:
1491:
1465:
1439:
1413:
1337:
1183:"Looking at Austerity in Spain"
887:(CDS) hit a record high of 633
341:dramatic decrease of oil prices
5606:National and regional identity
4767:Chinese property sector crisis
4675:2015–2016 stock market selloff
4603:August 2011 stock markets fall
4514:2008–2011 Irish banking crisis
4211:1990s Swedish financial crisis
3960:Weimar Republic hyperinflation
3223:May Day protests across Europe
2442:Captain Chaos (8 March 2009),
2281:"Spain Jobless Crisis Deepens"
1929:Raphael Minder (25 May 2012).
1312:
1289:Day, Paul (18 February 2009),
1233:Abellán, L. (30 August 2008),
1211:
1199:Jonathan Weil (14 June 2012).
1151:
1122:
1070:European sovereign debt crisis
815:
770:From immigration to emigration
321:Castellón-Costa Azahar Airport
226:Outright Monetary Transactions
166:Spain's crisis was the housing
155:European sovereign debt crisis
97:You may also add the template
1:
4840:List of sovereign debt crises
4782:2022 Russian financial crisis
4479:2008 Latvian financial crisis
4472:U.S. bear market of 2007–2009
4350:Stock market downturn of 2002
4291:1998 Russian financial crisis
4144:1983 Israel bank stock crisis
3310:Société Générale trading loss
3229:French pension reform strikes
3034:"2008–2013: Balance de daños"
2753:Nick Cawley (26 April 2013).
2672:Matina Stevis (6 July 2012).
2617:"Spain Debt Has Fund Worried"
2473:González, Sara (1 May 2009),
2405:Wiseman, Paul (9 July 2012).
1116:
1106:Stock market crashes in India
270:were vacant as of late 2008.
262:rise 200% from 1996 to 2007.
4542:Greek government-debt crisis
4379:2004 Argentine energy crisis
4336:2001 Turkish economic crisis
4225:1990s Armenian energy crisis
4218:1990s Finnish banking crisis
4079:1976 British currency crisis
4049:1973–1974 stock market crash
2823:"Excessive Power of Ratings"
2712:Pedro Calvo (24 July 2012).
2481:(in Spanish), archived from
2143:Agencias (4 November 2008),
2050:Ben Sills (14 August 2012).
987:Spain's Constitutional Court
966:José Luis Rodríguez Zapatero
716:
705:
694:
683:
665:
654:
643:
629:
618:
607:
596:
578:
564:
426:bank, the country's largest
211:European Stability Mechanism
179:ruling party changed in 2004
159:European Stability Mechanism
7:
5626:UNESCO World Heritage Sites
4698:2017 Sri Lankan fuel crisis
4364:2003 Myanmar banking crisis
4357:2002 Uruguay banking crisis
4277:1997 Asian financial crisis
4204:1991 Indian economic crisis
4196:Rhode Island banking crisis
4166:Cameroonian economic crisis
3952:Early Soviet hyperinflation
3565:Crisis of the Third Century
2984:David Jolly (6 June 2012).
2585:. London. 27 February 2012.
1783:Goldman, Leah; Lubin, Gus.
1096:1991 Indian economic crisis
1019:
317:Ciudad Real Central Airport
311:Some developments resemble
16:Economic situation in Spain
10:
5846:
4729:Sri Lankan economic crisis
4587:Energy crisis in Venezuela
4566:2009 Dubai debt standstill
4416:2007–2008 financial crisis
4071:Latin American debt crisis
3834:Paris Bourse crash of 1882
2225:Agencias (24 April 2009),
1877:Agencias (15 April 2009),
1163:European Economic Snapshot
898:
788:
773:
743:Las Palmas de Gran Canaria
449:have large Spanish units.
363:
239:
153:a late participant in the
147:2007–2008 financial crisis
61:Machine translation, like
5820:Great Recession in Europe
5810:Economic history of Spain
5681:
5639:
5531:
5428:
5419:
5305:
5296:
5190:
5181:
5068:
5059:
5004:
4909:
4900:
4820:
4797:2022 stock market decline
4789:Pakistani economic crisis
4775:2021–2023 inflation surge
4721:Lebanese liquidity crisis
4690:Venezuelan hyperinflation
4682:Brexit stock market crash
4631:Venezuela economic crisis
4553:
4403:
4393:Zimbabwean hyperinflation
4103:
4021:
3992:
3976:Wall Street Crash of 1929
3939:
3816:2nd Industrial Revolution
3814:
3750:
3650:1st Industrial Revolution
3648:
3575:
3553:
3408:
3354:
3328:
3260:
3209:
3173:
3166:
3105:
2479:El Periódico de Catalunya
2450:, Spanish News, on-line,
1297:, Reuters, archived from
1091:Autonomous Liquidity Fund
905:Moody's Investors Service
666:
630:
579:
487:On 28 November 2012, the
337:scenario of record prices
326:
38:the corresponding article
5795:2014 in economic history
5790:2013 in economic history
5785:2012 in economic history
5780:2011 in economic history
5775:2010 in economic history
5770:2009 in economic history
5765:2008 in economic history
5284:Wars and armed conflicts
4924:Ancient History Timeline
4458:Subprime mortgage crisis
4121:Brazilian hyperinflation
4093:Brazilian hyperinflation
3930:Financial crisis of 1914
3638:Mississippi bubble crash
3052:20 December 2013 at the
799:Spain's tourist industry
468:also welcomed the move.
143:Great Spanish Depression
139:Great Recession in Spain
4984:Transition to democracy
4959:Reaction and revolution
4833:List of economic crises
4751:2020 stock market crash
4744:Financial market impact
4713:Turkish economic crisis
4328:9/11 stock market crash
4284:October 1997 mini-crash
4255:1994 bond market crisis
4247:Yugoslav hyperinflation
4158:Savings and loan crisis
3759:European potato failure
1885:, Economía (in Spanish)
1243:, Economía (in Spanish)
1081:Spanish property bubble
810:purchasing power parity
323:and others were built.
242:Spanish property bubble
108:For more guidance, see
5574:International Interest
5382:Science and technology
5078:Autonomous communities
4826:List of banking crises
4595:Syrian economic crisis
4528:Blue Monday Crash 2009
4137:Chilean crisis of 1982
3968:Shōwa financial crisis
3774:Highland Potato Famine
3630:South Sea bubble crash
3421:Commodity price shocks
3305:Irish emergency budget
3241:March for a Better Way
2254:"Two-tier flexibility"
1618:www.elconfidencial.com
1320:"Spain Country Report"
1052:Catalan independentism
998:2015 regional election
940:
931:2012 financial bailout
925:credit rating agencies
880:
825:
746:
378:) turned a blind eye.
360:Spanish banking system
255:
130:
5611:National Day of Spain
4151:Black Saturday (1983)
4005:Kennedy Slide of 1962
3577:Commercial revolution
3273:European social model
2508:30 April 2014 at the
2172:"Builders' nightmare"
1518:"The world this year"
1086:Unemployment in Spain
1012:instead scheduled an
938:
854:
823:
774:Further information:
740:
507:— and sell a fourth,
406:in essence bankrupt.
364:Further information:
249:
215:European Central Bank
128:
110:Knowledge:Translation
81:copyright attribution
5825:Stock market crashes
5215:Constitutional Court
4705:Ghana banking crisis
4535:European debt crisis
4320:Dot-com bubble crash
4232:Cuban Special Period
3691:Copper Panic of 1789
3596:The Great Debasement
3588:Great Bullion Famine
3360:European debt crisis
3283:Irish banking crisis
1725:on 26 September 2008
1137:The Economic Journal
1002:Spain's constitution
973:Separatist movements
885:credit default swaps
776:Immigration to Spain
544:internal devaluation
366:Savings bank (Spain)
137:, also known as the
5158:Plazas de soberanía
4661:2015 Nepal blockade
4371:2000s energy crisis
4269:Mexican peso crisis
4174:Black Monday (1987)
4034:1970s energy crisis
3994:Post–WWII expansion
3668:Bengal bubble crash
3463:Financial contagion
3278:Icelandic outvasion
2964:The Financial Times
2851:Wall Street Journal
2827:Wall Street Journal
2759:Wall Street Journal
2740:Wall Street Journal
2678:Wall Street Journal
2659:Wall Street Journal
2640:Wall Street Journal
2602:Wall Street Journal
2565:Wall Street Journal
2522:Riggins, Jennifer.
2448:Costa Tropical News
2330:Wall Street Journal
2285:Wall Street Journal
2130:Wall Street Journal
2099:. 28 November 2012.
2079:Wall Street Journal
2062:on 19 January 2013.
2037:Wall Street Journal
1980:Wall Street Journal
1961:Wall Street Journal
1770:Wall Street Journal
1524:. 22 December 2012.
1504:Wall Street Journal
1060:Corruption in Spain
943:On 9 June 2012 the
917:Standard and Poor's
909:Standard and Poor's
846:guarantee the loans
562:
557:Unemployment rate (
489:European Commission
460:and vice-president
458:Jose Manuel Barroso
199:European Commission
149:. In 2012, it made
5387:Telecommunications
5088:Biosphere Reserves
4989:Contemporary Spain
4979:Spain under Franco
4919:Prehistoric Iberia
3923:Panic of 1910–1911
3767:Great Irish Famine
3705:Panic of 1796–1797
3544:Stock market crash
2990:The New York Times
2938:The New York Times
2913:on 2 November 2012
2621:The New York Times
2322:Alessandra Galloni
2113:. 1 December 2012.
2056:Bloomberg Business
1935:The New York Times
1910:on 29 January 2017
1834:The New York Times
1667:on 11 October 2007
1639:The New York Times
1401:on 22 January 2011
1101:Stock market crash
941:
881:
878: 3 month bond
866: 10 year bond
860: 20 year bond
826:
747:
733:Youth unemployment
572:Total unemployment
556:
493:Spanish government
279:speculative bubble
260:real estate prices
256:
164:The main cause of
131:
89:interlanguage link
5717:
5716:
5677:
5676:
5601:Myths and legends
5569:National Interest
5415:
5414:
5367:Largest companies
5292:
5291:
5279:Political parties
5247:Foreign relations
5177:
5176:
5125:Iberian Peninsula
5073:Autonomous cities
5055:
5054:
4856:
4855:
4737:COVID-19 pandemic
3622:Tulip mania crash
3613:Kipper und Wipper
3590:(c. 1400–c. 1500)
3368:
3367:
3256:
3255:
2326:"The Nonna State"
2310:on 29 March 2012.
2203:, 24 April 2009,
2178:, 4 December 2008
1808:BBC News Magazine
1479:. 24 October 2012
1453:. 16 October 2012
1427:. 15 October 2012
1185:. Cato Institute.
872: 2 year bond
855:Spain bond rates
795:disposable income
728:
727:
519:Employment crisis
509:Banco de Valencia
478:interbank lending
470:Bank stress tests
412:Golden parachutes
121:
120:
50:
46:
5837:
5830:Financial crises
5697:
5690:
5426:
5425:
5357:Financial crisis
5347:Economic history
5303:
5302:
5220:Cortes Generales
5188:
5187:
5130:Peninsular Spain
5066:
5065:
5017:Pre-Roman Iberia
5012:General overview
4907:
4906:
4883:
4876:
4869:
4860:
4859:
4849:
4842:
4835:
4828:
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4799:
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4784:
4777:
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4746:
4739:
4732:
4724:
4716:
4708:
4700:
4693:
4685:
4677:
4670:
4663:
4656:
4649:
4641:
4634:
4626:
4619:
4612:
4605:
4598:
4590:
4582:
4575:
4568:
4544:
4537:
4530:
4523:
4516:
4509:
4502:
4495:
4488:
4481:
4474:
4467:
4460:
4453:
4446:
4439:
4432:
4425:
4418:
4396:
4388:
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4374:
4366:
4359:
4352:
4345:
4338:
4331:
4323:
4315:
4307:
4300:
4293:
4286:
4279:
4272:
4264:
4257:
4250:
4242:
4235:
4227:
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4206:
4199:
4191:
4183:
4176:
4169:
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4153:
4146:
4139:
4132:
4124:
4110:Great Regression
4105:Great Moderation
4096:
4088:
4081:
4074:
4066:
4058:
4051:
4044:
4037:
4014:
4007:
3985:
3978:
3971:
3963:
3955:
3932:
3925:
3918:
3910:
3903:
3896:
3889:
3881:
3874:
3867:
3859:
3851:
3843:
3836:
3829:
3807:
3799:
3792:
3785:
3776:
3769:
3762:
3743:
3736:
3729:
3722:
3714:
3707:
3700:
3693:
3686:
3678:
3671:
3663:
3641:
3633:
3625:
3617:
3607:
3599:
3591:
3568:
3546:
3539:
3532:
3523:
3516:
3509:
3502:
3495:
3493:Liquidity crisis
3488:
3481:
3472:
3470:Social contagion
3465:
3458:
3451:
3444:
3437:
3430:
3423:
3416:
3402:Financial crises
3395:
3388:
3381:
3372:
3371:
3329:Related articles
3288:Anglo Irish Bank
3171:
3170:
3088:
3081:
3074:
3065:
3064:
3043:
3020:
3019:
3007:
3001:
3000:
2998:
2996:
2981:
2975:
2974:
2972:
2970:
2955:
2949:
2948:
2946:
2944:
2929:
2923:
2922:
2920:
2918:
2909:. Archived from
2897:
2888:
2887:
2879:
2873:
2872:
2861:
2855:
2854:
2842:
2831:
2830:
2818:
2812:
2811:
2799:
2793:
2792:
2790:
2788:
2769:
2763:
2762:
2750:
2744:
2743:
2731:
2725:
2724:
2709:
2703:
2702:
2691:
2682:
2681:
2669:
2663:
2662:
2650:
2644:
2643:
2631:
2625:
2624:
2612:
2606:
2605:
2593:
2587:
2586:
2575:
2569:
2568:
2556:
2550:
2549:
2538:
2532:
2531:
2519:
2513:
2500:
2494:
2493:
2492:
2490:
2470:
2464:
2462:
2461:
2459:
2439:
2433:
2432:
2421:
2415:
2414:
2402:
2396:
2395:
2393:
2391:
2382:. Archived from
2376:
2370:
2369:
2358:
2352:
2351:
2340:
2334:
2333:
2324:(15 June 2012).
2318:
2312:
2311:
2306:. Archived from
2295:
2289:
2288:
2276:
2270:
2269:
2267:
2265:
2250:
2244:
2243:
2242:
2240:
2222:
2216:
2215:
2214:
2212:
2193:
2187:
2186:
2185:
2183:
2168:
2162:
2161:
2160:
2158:
2140:
2134:
2133:
2121:
2115:
2114:
2107:
2101:
2100:
2089:
2083:
2082:
2070:
2064:
2063:
2058:. Archived from
2047:
2041:
2040:
2028:
2022:
2021:
2009:
2003:
2002:
1990:
1984:
1983:
1971:
1965:
1964:
1952:
1946:
1945:
1943:
1941:
1926:
1920:
1919:
1917:
1915:
1906:. Archived from
1900:
1894:
1893:
1892:
1890:
1874:
1868:
1867:
1866:
1864:
1845:
1839:
1838:
1825:
1819:
1818:
1816:
1814:
1799:
1793:
1792:
1789:Business Insider
1780:
1774:
1773:
1761:
1752:
1751:
1741:
1735:
1734:
1732:
1730:
1721:. Archived from
1715:
1709:
1708:
1706:
1704:
1699:on 20 March 2009
1698:
1692:. Archived from
1691:
1687:"ElPaisPDFMedia"
1683:
1677:
1676:
1674:
1672:
1663:. Archived from
1657:
1651:
1650:
1648:
1646:
1641:. 28 August 2012
1631:
1622:
1621:
1610:
1601:
1596:
1590:
1589:
1577:
1571:
1570:
1568:
1566:
1561:on 16 April 2009
1557:. Archived from
1551:
1545:
1544:
1532:
1526:
1525:
1514:
1508:
1507:
1495:
1489:
1488:
1486:
1484:
1469:
1463:
1462:
1460:
1458:
1443:
1437:
1436:
1434:
1432:
1417:
1411:
1410:
1408:
1406:
1400:
1393:
1385:
1379:
1378:
1376:
1374:
1359:
1350:
1349:
1341:
1335:
1334:
1332:
1330:
1316:
1310:
1309:
1308:
1306:
1286:
1280:
1279:
1258:
1252:
1251:
1250:
1248:
1230:
1224:
1223:
1222:. 25 April 2013.
1215:
1209:
1208:
1196:
1187:
1186:
1178:
1167:
1166:
1155:
1149:
1148:
1146:
1144:
1134:
1126:
1065:Economy of Spain
1058:
1045:
1032:
877:
871:
865:
859:
757:Great Depression
563:
555:
466:Timothy Geithner
418:In May 2012 the
372:liquidity crisis
230:Speculative runs
100:
94:
67:Google Translate
48:
44:
27:
26:
19:
5845:
5844:
5840:
5839:
5838:
5836:
5835:
5834:
5815:Eurozone crisis
5720:
5719:
5718:
5713:
5700:
5693:
5686:
5673:
5668:Toro de Osborne
5635:
5616:Public holidays
5527:
5488:Life expectancy
5411:
5377:Property bubble
5288:
5173:
5051:
5047:Spanish miracle
5000:
4974:Second Republic
4896:
4887:
4857:
4852:
4845:
4838:
4831:
4824:
4816:
4809:
4802:
4795:
4787:
4780:
4773:
4765:
4756:
4749:
4742:
4735:
4727:
4719:
4711:
4703:
4696:
4688:
4680:
4673:
4666:
4659:
4652:
4644:
4637:
4629:
4622:
4615:
4608:
4601:
4593:
4585:
4578:
4571:
4564:
4557:
4555:Information Age
4549:
4540:
4533:
4526:
4519:
4512:
4505:
4498:
4491:
4484:
4477:
4470:
4463:
4456:
4449:
4442:
4435:
4428:
4421:
4414:
4407:
4405:Great Recession
4399:
4391:
4384:
4377:
4369:
4362:
4355:
4348:
4341:
4334:
4326:
4318:
4310:
4303:
4296:
4289:
4282:
4275:
4267:
4260:
4253:
4245:
4238:
4230:
4223:
4216:
4209:
4202:
4194:
4186:
4179:
4172:
4164:
4156:
4149:
4142:
4135:
4127:
4119:
4112:
4108:
4099:
4091:
4086:1979 oil crisis
4084:
4077:
4069:
4061:
4054:
4047:
4042:1973 oil crisis
4040:
4032:
4025:
4023:Great Inflation
4017:
4010:
4003:
3996:
3988:
3981:
3974:
3966:
3958:
3950:
3943:
3941:Interwar period
3935:
3928:
3921:
3913:
3906:
3899:
3892:
3884:
3877:
3870:
3862:
3854:
3846:
3839:
3832:
3825:
3818:
3810:
3802:
3795:
3788:
3781:
3772:
3765:
3757:
3746:
3739:
3732:
3725:
3717:
3710:
3703:
3696:
3689:
3681:
3674:
3666:
3659:
3652:
3644:
3636:
3628:
3620:
3610:
3602:
3594:
3586:
3579:
3571:
3563:
3549:
3542:
3535:
3528:
3519:
3512:
3505:
3498:
3491:
3484:
3477:
3468:
3461:
3454:
3447:
3442:Currency crisis
3440:
3433:
3426:
3419:
3412:
3404:
3399:
3369:
3364:
3350:
3341:Occupy movement
3324:
3298:Nationalisation
3252:
3205:
3162:
3101:
3095:Great Recession
3092:
3060:, November 2013
3054:Wayback Machine
3028:
3023:
3008:
3004:
2994:
2992:
2982:
2978:
2968:
2966:
2956:
2952:
2942:
2940:
2930:
2926:
2916:
2914:
2899:
2898:
2891:
2880:
2876:
2863:
2862:
2858:
2843:
2834:
2819:
2815:
2808:Chicago Tribune
2800:
2796:
2786:
2784:
2783:on 22 July 2012
2771:
2770:
2766:
2751:
2747:
2732:
2728:
2710:
2706:
2701:. 14 June 2012.
2693:
2692:
2685:
2670:
2666:
2651:
2647:
2632:
2628:
2613:
2609:
2594:
2590:
2577:
2576:
2572:
2557:
2553:
2548:. 16 June 2012.
2540:
2539:
2535:
2520:
2516:
2510:Wayback Machine
2501:
2497:
2488:
2486:
2471:
2467:
2457:
2455:
2440:
2436:
2423:
2422:
2418:
2403:
2399:
2389:
2387:
2378:
2377:
2373:
2366:www.cbsnews.com
2360:
2359:
2355:
2342:
2341:
2337:
2319:
2315:
2296:
2292:
2277:
2273:
2263:
2261:
2252:
2251:
2247:
2238:
2236:
2223:
2219:
2210:
2208:
2195:
2194:
2190:
2181:
2179:
2170:
2169:
2165:
2156:
2154:
2141:
2137:
2122:
2118:
2109:
2108:
2104:
2091:
2090:
2086:
2071:
2067:
2048:
2044:
2029:
2025:
2010:
2006:
1991:
1987:
1972:
1968:
1953:
1949:
1939:
1937:
1927:
1923:
1913:
1911:
1902:
1901:
1897:
1888:
1886:
1875:
1871:
1862:
1860:
1859:on 10 June 2009
1847:
1846:
1842:
1837:. 18 July 2012.
1827:
1826:
1822:
1812:
1810:
1800:
1796:
1781:
1777:
1762:
1755:
1743:
1742:
1738:
1728:
1726:
1717:
1716:
1712:
1702:
1700:
1696:
1689:
1685:
1684:
1680:
1670:
1668:
1659:
1658:
1654:
1644:
1642:
1633:
1632:
1625:
1612:
1611:
1604:
1597:
1593:
1578:
1574:
1564:
1562:
1553:
1552:
1548:
1533:
1529:
1516:
1515:
1511:
1496:
1492:
1482:
1480:
1477:Financial Times
1471:
1470:
1466:
1456:
1454:
1451:Financial Times
1445:
1444:
1440:
1430:
1428:
1419:
1418:
1414:
1404:
1402:
1398:
1391:
1387:
1386:
1382:
1372:
1370:
1361:
1360:
1353:
1342:
1338:
1328:
1326:
1318:
1317:
1313:
1304:
1302:
1301:on 10 June 2009
1287:
1283:
1268:Financial Times
1259:
1255:
1246:
1244:
1231:
1227:
1217:
1216:
1212:
1197:
1190:
1179:
1170:
1157:
1156:
1152:
1142:
1140:
1132:
1128:
1127:
1123:
1119:
1056:
1043:
1030:
1022:
975:
933:
901:
879:
875:
873:
869:
867:
863:
861:
857:
818:
791:
778:
772:
761:Lost Generation
735:
631:9th (Zapatero)
525:full employment
521:
376:Banco de España
368:
362:
329:
244:
238:
236:Property bubble
187:competitiveness
117:
116:
115:
98:
92:
51:
45:(December 2017)
28:
24:
17:
12:
11:
5:
5843:
5833:
5832:
5827:
5822:
5817:
5812:
5807:
5805:2010s in Spain
5802:
5800:2000s in Spain
5797:
5792:
5787:
5782:
5777:
5772:
5767:
5762:
5757:
5752:
5747:
5742:
5737:
5732:
5715:
5714:
5712:
5711:
5706:
5699:
5698:
5691:
5683:
5682:
5679:
5678:
5675:
5674:
5672:
5671:
5664:
5659:
5658:Cultural icons
5656:
5651:
5645:
5643:
5637:
5636:
5634:
5633:
5628:
5623:
5618:
5613:
5608:
5603:
5598:
5593:
5588:
5583:
5578:
5577:
5576:
5571:
5563:
5558:
5553:
5548:
5543:
5537:
5535:
5529:
5528:
5526:
5525:
5520:
5515:
5510:
5505:
5500:
5495:
5490:
5485:
5480:
5475:
5470:
5465:
5460:
5455:
5450:
5445:
5440:
5435:
5429:
5423:
5417:
5416:
5413:
5412:
5410:
5409:
5404:
5399:
5394:
5389:
5384:
5379:
5374:
5369:
5364:
5359:
5354:
5349:
5344:
5343:
5342:
5337:
5332:
5322:
5317:
5312:
5306:
5300:
5294:
5293:
5290:
5289:
5287:
5286:
5281:
5276:
5271:
5266:
5265:
5264:
5259:
5249:
5244:
5239:
5238:
5237:
5235:Prime Minister
5227:
5222:
5217:
5212:
5207:
5202:
5197:
5191:
5185:
5179:
5178:
5175:
5174:
5172:
5171:
5166:
5161:
5154:
5149:
5147:National parks
5144:
5142:Municipalities
5139:
5134:
5133:
5132:
5122:
5117:
5115:Extreme points
5112:
5107:
5100:
5095:
5090:
5085:
5075:
5069:
5063:
5057:
5056:
5053:
5052:
5050:
5049:
5044:
5039:
5034:
5029:
5024:
5022:Spanish Empire
5019:
5014:
5008:
5006:
5002:
5001:
4999:
4998:
4997:
4996:
4986:
4981:
4976:
4971:
4966:
4964:First Republic
4961:
4956:
4951:
4946:
4941:
4936:
4934:Medieval Spain
4931:
4929:Roman Hispania
4926:
4921:
4915:
4913:
4904:
4898:
4897:
4886:
4885:
4878:
4871:
4863:
4854:
4853:
4851:
4850:
4843:
4836:
4829:
4821:
4818:
4817:
4815:
4814:
4807:
4800:
4793:
4791:(2022–present)
4785:
4778:
4771:
4769:(2020–present)
4763:
4762:
4761:
4754:
4747:
4733:
4731:(2019–present)
4725:
4723:(2019–present)
4717:
4715:(2018–present)
4709:
4701:
4694:
4686:
4678:
4671:
4664:
4657:
4650:
4642:
4635:
4633:(2013–present)
4627:
4620:
4613:
4606:
4599:
4597:(2011–present)
4591:
4589:(2010–present)
4583:
4576:
4569:
4561:
4559:
4558:(2009–present)
4551:
4550:
4548:
4547:
4546:
4545:
4538:
4531:
4524:
4517:
4510:
4503:
4496:
4489:
4482:
4475:
4468:
4461:
4454:
4447:
4440:
4433:
4426:
4423:September 2008
4411:
4409:
4401:
4400:
4398:
4397:
4395:(2007–present)
4389:
4382:
4375:
4367:
4360:
4353:
4346:
4339:
4332:
4324:
4316:
4308:
4301:
4294:
4287:
4280:
4273:
4265:
4258:
4251:
4243:
4236:
4228:
4221:
4214:
4207:
4200:
4192:
4184:
4177:
4170:
4162:
4154:
4147:
4140:
4133:
4125:
4116:
4114:
4101:
4100:
4098:
4097:
4089:
4082:
4075:
4067:
4059:
4052:
4045:
4038:
4029:
4027:
4019:
4018:
4016:
4015:
4008:
4000:
3998:
3990:
3989:
3987:
3986:
3979:
3972:
3964:
3956:
3947:
3945:
3937:
3936:
3934:
3933:
3926:
3919:
3911:
3904:
3897:
3890:
3882:
3875:
3868:
3860:
3852:
3844:
3837:
3830:
3822:
3820:
3812:
3811:
3809:
3808:
3800:
3793:
3786:
3779:
3778:
3777:
3770:
3754:
3752:
3748:
3747:
3745:
3744:
3737:
3730:
3723:
3715:
3708:
3701:
3694:
3687:
3685:(c. 1780–1795)
3679:
3672:
3664:
3656:
3654:
3646:
3645:
3643:
3642:
3634:
3626:
3618:
3608:
3606:(c. 1600–1760)
3600:
3592:
3583:
3581:
3573:
3572:
3570:
3569:
3560:
3558:
3551:
3550:
3548:
3547:
3540:
3533:
3526:
3525:
3524:
3517:
3510:
3503:
3489:
3486:Hyperinflation
3482:
3475:
3474:
3473:
3459:
3452:
3445:
3438:
3431:
3424:
3417:
3409:
3406:
3405:
3398:
3397:
3390:
3383:
3375:
3366:
3365:
3363:
3362:
3355:
3352:
3351:
3349:
3348:
3343:
3338:
3332:
3330:
3326:
3325:
3323:
3322:
3317:
3312:
3307:
3302:
3301:
3300:
3295:
3290:
3280:
3275:
3270:
3264:
3262:
3258:
3257:
3254:
3253:
3251:
3250:
3244:
3238:
3235:Irish students
3232:
3226:
3220:
3213:
3211:
3207:
3206:
3204:
3203:
3201:United Kingdom
3198:
3193:
3188:
3183:
3177:
3175:
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3026:External links
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2871:. 9 June 2012.
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2485:on 16 May 2010
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5760:2014 in Spain
5758:
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5755:2013 in Spain
5753:
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5750:2012 in Spain
5748:
5746:
5745:2011 in Spain
5743:
5741:
5740:2010 in Spain
5738:
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5735:2009 in Spain
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5730:2008 in Spain
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4444:December 2008
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4024:
4020:
4013:
4009:
4006:
4002:
4001:
3999:
3995:
3991:
3984:
3983:Panic of 1930
3980:
3977:
3973:
3969:
3965:
3961:
3957:
3953:
3949:
3948:
3946:
3942:
3938:
3931:
3927:
3924:
3920:
3916:
3912:
3909:
3908:Panic of 1907
3905:
3902:
3901:Panic of 1901
3898:
3895:
3894:Panic of 1896
3891:
3887:
3883:
3880:
3876:
3873:
3872:Panic of 1893
3869:
3865:
3861:
3857:
3856:Baring crisis
3853:
3849:
3848:Arendal crash
3845:
3842:
3841:Panic of 1884
3838:
3835:
3831:
3828:
3827:Panic of 1873
3824:
3823:
3821:
3817:
3813:
3805:
3801:
3798:
3797:Panic of 1866
3794:
3791:
3790:Panic of 1857
3787:
3784:
3783:Panic of 1847
3780:
3775:
3771:
3768:
3764:
3763:
3760:
3756:
3755:
3753:
3749:
3742:
3741:Panic of 1837
3738:
3735:
3734:Panic of 1825
3731:
3728:
3727:Panic of 1819
3724:
3720:
3716:
3713:
3709:
3706:
3702:
3699:
3698:Panic of 1792
3695:
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3680:
3677:
3673:
3669:
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3662:
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3597:
3593:
3589:
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3584:
3582:
3578:
3574:
3566:
3562:
3561:
3559:
3557:
3552:
3545:
3541:
3538:
3537:Social crisis
3534:
3531:
3530:Minsky moment
3527:
3522:
3518:
3515:
3511:
3508:
3504:
3501:
3497:
3496:
3494:
3490:
3487:
3483:
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3476:
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3467:
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3460:
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3456:Energy crisis
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3429:
3428:Credit crunch
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2386:on 3 May 2012
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834:Mariano Rajoy
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5551:Bullfighting
5541:Architecture
5508:Prostitution
5468:Homelessness
5443:Demographics
5397:Trade unions
5356:
5335:unemployment
5320:Car industry
5252:Human rights
5200:Constitution
5156:
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5082:ranked lists
4994:1975–present
4520:
4430:October 2008
4312:Samba effect
4168:(1987–2000s)
4063:Steel crisis
3886:Black Monday
3864:Encilhamento
3804:Black Friday
3611:
3567:(235–284 CE)
3435:Credit cycle
3293:Hidden loans
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979:independence
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5473:Immigration
5463:Health care
5325:Communities
5310:Agriculture
5110:Earthquakes
4969:Restoration
4939:Reconquista
4707:(2017–2018)
4692:(2016–2022)
4648:(2014–2022)
4408:(2007–2009)
4373:(2003–2008)
4322:(2000–2004)
4271:(1994–1996)
4249:(1992–1994)
4234:(1991–2000)
4198:(1990–1992)
4190:(1990–1992)
4160:(1986–1995)
4123:(1982–1994)
4113:(1982–2007)
4095:(1980–1982)
4073:(1975–1982)
4065:(1973–1982)
4036:(1973–1980)
4026:(1973–1982)
3997:(1945–1973)
3962:(1921–1923)
3954:(1917–1924)
3944:(1918–1939)
3866:(1890–1893)
3819:(1870–1914)
3761:(1845–1856)
3721:(1815–1816)
3670:(1769–1784)
3653:(1760–1840)
3616:(1621–1623)
3598:(1544–1551)
3580:(1000–1760)
3479:Flash crash
3449:Debt crisis
3247:UK students
816:Public debt
806:Arab Spring
566:Legislature
435:Landesbanks
313:ghost towns
291:Extremadura
5724:Categories
5591:Mass media
5586:Literature
5478:Irreligion
5458:Euthanasia
5448:Disability
5230:Government
5205:Corruption
5027:Golden Age
3500:Accounting
3261:Background
3106:By country
2917:1 November
2787:19 October
2512:, May 2009
2390:1 November
2348:www.ine.es
1914:8 November
1483:27 October
1457:16 October
1431:15 October
1117:References
40:in Spanish
5581:Languages
5483:Languages
5453:Education
5402:Transport
5242:Elections
5225:Judiciary
5164:Provinces
5061:Geography
5042:Civil War
4949:Expansion
4758:Recession
3751:1840–1870
3174:By region
3167:Responses
2411:USA Today
1645:30 August
1405:19 August
1277:0307-1766
1205:Bloomberg
1143:25 August
1010:Artur Mas
983:Catalonia
945:Eurogroup
501:NCG Banco
462:Olli Rehn
345:deflation
298:mortgages
287:Catalonia
277:When the
192:recession
103:talk page
5704:Category
5565:Fiestas
5513:Religion
5498:Pensions
5493:Naturism
5433:Abortion
5372:Taxation
5362:Forestry
5274:Monarchy
5269:Military
5262:Intersex
5183:Politics
5169:Wildlife
5104:Comarcas
5037:Military
5032:Economic
5005:By topic
4911:Timeline
4894:articles
3414:Bank run
3210:Specific
3191:Portugal
3143:Portugal
3050:Archived
2699:BBC News
2506:Archived
2452:archived
2205:archived
2201:BBC News
1586:BBC News
1367:BBC News
1020:See also
842:bail out
752:minijobs
724:−11.69%
604:−11.20%
593:−11.57%
582:Zapatero
513:bad bank
439:Barclays
428:mortgage
283:Eurostat
252:A Coruña
79:provide
5688:Outline
5641:Symbols
5561:Cuisine
5533:Culture
5421:Society
5392:Tourism
5298:Economy
5137:Islands
5120:Forests
5098:Climate
5093:Borders
4902:History
3514:Funding
3507:Capital
3186:Ireland
3158:Ukraine
3133:Ireland
3128:Iceland
3113:Belgium
3039:El País
2232:El País
2150:El País
1883:El País
1813:27 July
1635:"Spain"
1240:El País
899:Ratings
789:Tourism
718:2016 Q1
713:−8.29%
707:2015 Q1
702:−3.75%
696:2014 Q1
691:11.37%
685:2013 Q1
680:14.75%
674:2012 Q1
656:2011 Q1
651:15.08%
645:2010 Q1
640:79.58%
634:2009 Q1
626:14.01%
620:2008 Q1
615:−6.76%
609:2007 Q1
598:2006 Q1
587:2005 Q1
161:(ESM).
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101:to the
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5709:Portal
5649:Anthem
5556:Cinema
5503:People
5352:Energy
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3970:(1927)
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3521:Market
3249:(2010)
3243:(2010)
3237:(2010)
3231:(2010)
3225:(2009)
3219:(2009)
3181:Greece
3148:Russia
3138:Latvia
3123:Greece
3118:Cyprus
3099:Europe
3056:, the
2995:6 June
2969:6 June
2943:7 June
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1940:25 May
1853:Forbes
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1329:1 July
1295:Forbes
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424:Bankia
327:Prices
5695:Index
5621:Sport
5596:Music
5523:Women
5438:Crime
5315:Banks
4944:Union
4890:Spain
3358:See:
3346:PIIGS
3196:Spain
3153:Spain
2528:ZDNet
2211:2 May
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1697:(PDF)
1690:(PDF)
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1392:(PDF)
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