Spain Breaking News: Statistics Show Spanish Recession; Government Expects Growth

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Spain Breaking News: Statistics Show Spanish Recession; Government Expects Growth

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Spain Breaking News: Statistics Show Spanish Recession; Government Expects Growth

by Wochit 0:54 mins

Spain Breaking News: Statistics Show Spanish Recession; Government Expects Growth

by Wochit 0:54 mins

The Spain's National Statistics Institute says the Spanish economy contracted by a quarterly rate of 0.1 percent. But the Spanish government claims its reforms and austerity measures are paying off, predicting the economy could start growing again next quarter. A Spanish court official said police will soon begin extracting information from the "black box" of a train that crashed last week, potentially making clear why the driver failed to brake in time to stop the train from hurtling into a dangerous curve, killing 79 people. Spain is holding a memorial service for the dozens of victims of a high speed train crash, while the driver of the train was freed pending trial on 79 counts of reckless homicide.

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