Spanish Economic Crisis Threatens to Sink Euro Currency | Economy | English

02:15 El NACHO 0 Comments

Spanish Economic Crisis Threatens to Sink Euro Currency | Economy | English: "Spain is among the latest European countries to introduce tough austerity measures that may not be popular at home, but are deemed necessary to keep the country afloat. Spain, alongside Greece, is among those European countries with massive public debts and economies widely deemed vulnerable to a crash that could drag the euro with it.

It is 7:30 in the morning in the north of Madrid, and the queue for the job center is already stretching around the block.
Among those in line is Patricia Martinez. She used to be a nurse, but seven months ago she was laid off. Now each morning she arrives here to try to find new work. She is not having much luck.

'The reality is that economically it is fatal, but emotionally for people too it can also be terrible. I do not know what is happening, not just in Spain, but in Europe and the world,'"