Unsurprisingly Spain has had to delay reaching it budget deficit reduction targets by two years, to 2016.
Additionally, it foresees its unemployment rate as being 27.1% in 2013 and 26.7% in 2014.
At what stage will the Europhiles wake up and realise that levels of unemployment such as these are not sustainable in a Western democracy without there being serious blowback?
The above figures are of course subject to revision!
