Spain's Industrial Output Falls In April | WAMU 88.5 - American University Radio
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Spain's Industrial Output Falls In April

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Spanish factory and mine production had its worst month in more than two years — dropping by more than 8 percent. Spain is in its second recession since 2009, and eurozone nations are concerned its troubled banks might need a capital boost. This anxiety is causing headaches for banks in Germany. Six German banks had their credit ratings cut by Moody's Wednesday.
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