The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Spanish jobless claims drop sharply in May

MADRID (MarketWatch)
The number of people filing for jobless benefits in Spain dropped 2% in May to 4.89 million, a second-straight monthly fall, according to government statistics
It was also the lowest level for jobless claims since December
The level fell by 92,265 persons, which was the biggest drop for the month of May on record Spain's unemployment rate stood at 27.2% in the first quarter and in April rose beyond 6 million for the first time ever
Spain had the second-highest unemployment rate in the 27-nation European Union in April

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