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Old 04-29-2009, 09:56 PM
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Post Spain’s economy contracts at fastest rate in 40 years

According to Bank of Spain estimates released today, the Spanish economy has shrunk by 1.8 percent in the first quarter and hinted that gross domestic product (GDP) has fallen by 2.9 percent in the last year, even though the Spanish government had, up until recently, said that the GDP decrease would be no more than [...]

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