Spain Struggles With Continued Economic Downturn : News Photo

Spain Struggles With Continued Economic Downturn

Credit: 
Oli Scarff / Staff
MADRID, SPAIN - JULY 04: A woman walks past an advertisement on a bus shelter covered with homemade flyers advertising accommodation to rent in the suburb of Villaverde on July 4, 2012 in Madrid, Spain. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. (Photo by Oli Scarff/Getty Images)
Caption:
MADRID, SPAIN - JULY 04: A woman walks past an advertisement on a bus shelter covered with homemade flyers advertising accommodation to rent in the suburb of Villaverde on July 4, 2012 in Madrid, Spain. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. (Photo by Oli Scarff/Getty Images)
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Date created:
July 04, 2012
Editorial #:
147824153
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Getty Images News
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Getty Images Europe
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woman walks past an advertisement on a bus shelter covered with... News Photo 147824153Adult,Advertisement,Built Structure,Bus,Business,Corporate Business,Cover,Economy,Finance,Flyers,Homemade,Horizontal,Madrid,Rent,Shelter,Spain,Suburb,Walking,WomenPhotographer Collection: Getty Images News 2012 Getty ImagesMADRID, SPAIN - JULY 04: A woman walks past an advertisement on a bus shelter covered with homemade flyers advertising accommodation to rent in the suburb of Villaverde on July 4, 2012 in Madrid, Spain. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. (Photo by Oli Scarff/Getty Images)