MADRID (MarketWatch)
Spanish retail sales tumbled 9.8% in April on an annual,
calendar-adjusted basis, the national statistics office said Tuesday
That is
the biggest drop on that basis since at least March of 2011
That compares to a
fall of 3.8% in March
Spain is in the middle of a recession triggered by a
collapse of the housing market. Borrowing costs have reached record levels and
banks in particular are under pressure owing to their exposure to the housing
downturn and troubled loans
Welcome
Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
No hay comentarios:
Publicar un comentario