Spain Still Stuck In Recession.

GUARDIAN, UK.

Spain's economy shrank more than expected in the second quarter, unlike France and Germany which have seemingly climbed out of recession.

"Gross domestic product dropped 1% from the previous quarter, following a 1.9% slump in the first quarter, according to preliminary government figures. GDP was down 4.1% from a year ago, the sharpest annual decline since records began in 1977."