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Spain's GDP to contract

Last Updated: Wednesday, April 10, 2013, 15:18

Spain would suffer a GDP reduction of between 0.5 and 0.6 percent in the first quarter of 2013, said Spanish Economy Minister Luis de Guindos.

Spain sees renewed investor confidence: Minister

Last Updated: Monday, March 04, 2013, 10:27

Spain's economic meltdown started with the bursting of the real estate bubble in the wake of the financial crisis caused by the failure of US investment bank Lehman Brothers in 2008.