As we break into summer, a lot is concentrating our minds at GBN.
Spain: Unemployment down
The rate of unemployment in Spain has fallen for the first time in three years, down from 20% in the three months to June to reach 19.8% in the period from July-September.
It is still the highest in the Euro-zone, however, with the average rate being 10.1%. Spain is continuing to reform its labour regulations.