FIGURES TO SHOW IF SPAIN IS IN RECESSION
Figures due out today will show if Spain has double dipped back into recession.
The Spanish statistics office will release Q1 GDP numbers today.
The country saw its economy shrink by point 3 of one per cent last quarter.
Two quarters of declining growth would be a technical recession.
Spain saw Standard and Poor’s cut its credit rating last week.
Figures this month have also shown that Spanish unemployment has hit a record high of over 24 per cent.

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