Spain has revealed its 43rd straight month of recovery in its jobs market, with the number of workers registered with the social security system rising again. In June, an average of 18.4m people ...

However, the recovery so far has been heavily dependent on spending by consumers who are now facing 35% annual rises in their power bills. That could drain 20 billion euros in savings for households ...

The IMF also said the recovery would continue to be export-lead, with growth gradually rising to 1.5-2.0% in the medium term. “The moderate pace reflects the need to unwind accumulated imbalances, ...