Crisis-battered Spain goes in search of the positives

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Crisis-battered Spain goes in search of the positives

Spain sits uncomfortably in the eye of the eurozone storm. In many way it deserves to. Its growth prospects are weak, it has an unemployment rate of 21% as well as a struggling banking sector and its borrowers, including the sovereign itself, have uncertain access to the highly volatile international capital markets. But as Philip Moore reports, it is not all doom and gloom and beneath the surface there are reasons to be optimistic about the country’s future.

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