Spain Recession Exposed as Jobless Seen at 6M

http://www.bloomberg.com/news/2013-01-20/spain-recession-scars-exposed-as-jobless-seen-reaching-6-million.html

Spanish exports fell 0.6 percent in November from the same month the previous year, when they had risen 7.4 percent, the Economy Ministry said today. House-price data tomorrow will show if the property market endured a fourth year of declines. The Bank of Spain may also release its estimate for fourth-quarter gross domestic product, and the data will culminate in jobs figures on Jan. 24, forecast by economists to show a record 26 percent of Spaniards unemployed.