Spain's Crisis

Bankruptcy of property firm adds to Spain's economic woes (Roundup)

Prime Minister Jose Luis Rodriguez Zapatero has admitted that the economy has entered into a 'crisis,' after avoiding that word for weeks.

Weeks? Surely it has been months at the very least.

Rafael Pacheco vs. Ash

You cannot speak of a crisis. - Rafael Pacheco, Housing Director, Spanish Government, October, 2007