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    <title>The Local Spain</title>
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    <description>Read the latest news and views from Spain in English</description>
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    <managingEditor>news@thelocal.com (TheLocal)</managingEditor>
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        <item>
        <title>
            Only 5 percent of Spain&#039;s bank aid recovered
        </title>
        <description>
            Spain has recovered only five percent of €51.3 billion ($57.2 billion) of state aid given to the country&#039;s banking sector since 2009 to prevent its collapse, the Bank of Spain said on Monday.
        </description>
        <link>
            https://www.thelocal.es/20150505/only-5-percent-of-bank-aid-recovered-spain-central-bank
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        <pubDate>Tue, 05 May 2015 11:11:21 +0200</pubDate>
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        <title>
            Rajoy: Spanish economy will take off in 2015
        </title>
        <description>
            Spain&#039;s Prime Minister Mariano Rajoy promised on Friday the country&#039;s economy would &quot;take off&quot; again in 2015 but opponents branded his optimism &quot;indecent&quot; with many Spaniards still suffering from cutbacks.
        </description>
        <link>
            https://www.thelocal.es/20141227/rajoy-spanish-economy-will-take-off-in-2015
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        <pubDate>Sat, 27 Dec 2014 10:58:00 +0100</pubDate>
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        <title>
            PM steps back from &#039;crisis is over&#039; comments
        </title>
        <description>
            Spain&#039;s prime minister admitted on Monday that jobless people and their families are still suffering the consequences of the economic crisis even though the country is gradually recovering from recession.
        </description>
        <link>
            https://www.thelocal.es/20141216/spanish-pm-steps-back-from-crisis-is-over-comments-spain-economy
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        <pubDate>Tue, 16 Dec 2014 09:48:00 +0100</pubDate>
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        <title>
            Spain grows by 0.5 percent in third quarter
        </title>
        <description>
            Five straight quarters of growth have seen Spain&#039;s unemployment drop to lowest level since 2011, although it still stands at over 23 percent.
        </description>
        <link>
            https://www.thelocal.es/20141030/spanish-economy-expands-by-05-in-third-quarter
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        <pubDate>Thu, 30 Oct 2014 12:00:00 +0100</pubDate>
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        <title>
            Summer love: PM sings praises of economy
        </title>
        <description>
            Spain&#039;s prime minister Mariano Rajoy has used a pre-summer press conference to trumpet the improvements in the country&#039;s economy, in a speech described by the opposition as &quot;triumphalist&quot; and &quot;self-complacent&quot;.
        </description>
        <link>
            https://www.thelocal.es/20140801/schools-out-spanish-pm-signs-off-for-summer
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        <pubDate>Fri, 01 Aug 2014 17:37:00 +0200</pubDate>
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            Slow but steady: Spain&#039;s economy keeps growing
        </title>
        <description>
            The Spanish economy continued to claw its slow way back towards recovery, expanding in the first quarter of 2014 by 0.5 percent, the fastest rate in six years, the central bank said on Wednesday.
        </description>
        <link>
            https://www.thelocal.es/20140723/spanish-economy-growth-spain-quarter-2-2014
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        <pubDate>Wed, 23 Jul 2014 17:30:00 +0200</pubDate>
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            Spain announces plans to cut corporate tax
        </title>
        <description>
            Prime Minister Mariano Rajoy on Sunday announced a new stimulus plan to boost Spain&#039;s competitiveness, including €6.3 billion ($8.6 billion) of investments and a cut in corporate tax.
        </description>
        <link>
            https://www.thelocal.es/20140601/spain-announces-plans-to-cut-corporate-tax
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        <pubDate>Sun, 01 Jun 2014 13:16:00 +0200</pubDate>
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        <title>
            Spain grows 0.4 percent from January to March
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        <description>
            Spain confirmed on Thursday the fastest economic growth since a 2008 property crash, even as it struggled with a 26 percent unemployment rate.
        </description>
        <link>
            https://www.thelocal.es/20140529/spain-confirms-growth-march-2014-economy-forecast
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        <pubDate>Thu, 29 May 2014 12:07:00 +0200</pubDate>
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            500,000 Spaniards have given up job hunt
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            The number of unemployed people who have given up hope of finding a job has risen by 21 per cent since 2011 and now totals almost half a million, new figures from Spain&#039;s national statistic institute reveal.
        </description>
        <link>
            https://www.thelocal.es/20140523/dispirited-spaniards-abandon-job-search
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        <pubDate>Fri, 23 May 2014 12:57:00 +0200</pubDate>
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        <title>
            Spain confirms fastest growth in six years
        </title>
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            Spain on Wednesday reported its fastest economic growth in six years in the first quarter of 2014 despite the blight of a 26-percent unemployment rate.
        </description>
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            https://www.thelocal.es/20140430/spain-grows-04-percent-economy-growth-ine
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        <pubDate>Wed, 30 Apr 2014 12:05:00 +0200</pubDate>
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            Spain records highest growth figure in six years
        </title>
        <description>
            Spain&#039;s economy grew at the fastest pace in six years in the first quarter of 2014, the central bank said on Thursday in a preliminary estimate.
        </description>
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            https://www.thelocal.es/20140424/spain-economy
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        <pubDate>Thu, 24 Apr 2014 12:41:00 +0200</pubDate>
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        <title>
            Spain barely misses 2013 deficit target
        </title>
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            Spain barely missed its deficit-cutting target for 2013 with the government hailing the result as a significant achievement in a year of job-wrecking recession.
        </description>
        <link>
            https://www.thelocal.es/20140329/spain-barely-misses-2013-deficit-target
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        <pubDate>Sat, 29 Mar 2014 10:20:00 +0100</pubDate>
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            &#039;Hair-rising&#039; electric prices jolt Spaniards
        </title>
        <description>
            Struggling Spaniards are rebelling against high electricity prices, which have soared by 42 percent since an economic crisis erupted in 2008 reports AFP&#039;s Anna Cuenca. 
        </description>
        <link>
            https://www.thelocal.es/20140119/hair-rising-electric-prices-jolt-spaniards
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        <pubDate>Sun, 19 Jan 2014 11:28:00 +0100</pubDate>
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        <title>
            Spanish demand for soup kitchens on the rise
        </title>
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            More and more Spaniards are seeking free food in the form of soup kitchens as the soaring costs of everyday life are set to bring a cruel Christmas as AFP&#039;s Daniel Bosque investigates. 
        </description>
        <link>
            https://www.thelocal.es/20131222/spanish-demand-for-soup-kitchens-on-the-rise
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        <pubDate>Sun, 22 Dec 2013 09:36:00 +0100</pubDate>
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            Spain declares two-year recession officially over
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            Spain said on Thursday it has technically escaped a two-year recession by posting feeble growth in the third quarter, but with an unemployment rate still towering at 26 percent.
        </description>
        <link>
            https://www.thelocal.es/20131128/official-spains-recession-comes-to-close
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        <pubDate>Thu, 28 Nov 2013 14:11:00 +0100</pubDate>
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            Spain way off on deficit targets: EU
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            Spain is unlikely to hit European Union deficit targets by 2016, with the public deficit set to be 5.9 percent next year and rising to 6.6 percent in 2015, the European Commission said on Tuesday.
        </description>
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            https://www.thelocal.es/20131105/spain-way-off-on-deficit-targets-eu
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        <pubDate>Tue, 05 Nov 2013 14:06:05 +0100</pubDate>
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            Spain&#039;s jobless rate falls by smallest of margins
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            Spain&#039;s jobless rate eased slightly to 25.98 percent in the third quarter of 2013, official data showed on Thursday, a day after the country&#039;s central bank signalled the technical end of a long recession.
        </description>
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            https://www.thelocal.es/20131024/spains-jobless-rate-registers-tiny-drop
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        <pubDate>Thu, 24 Oct 2013 11:20:00 +0200</pubDate>
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            Spain says goodbye to two-year recession
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            Spain escaped from its two-year recession in the third quarter of this year with timid growth as job destruction eased, the country&#039;s central bank said on Wednesday.
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            https://www.thelocal.es/20131023/spains-recession-is-over-central-bank
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        <pubDate>Wed, 23 Oct 2013 12:26:00 +0200</pubDate>
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            Confident Spain set to revise up growth forecast
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            Spain is about to raise its forecasts for economic growth and employment as it emerges from a two-year recession, the country&#039;s economy minister said on Monday.
        </description>
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            https://www.thelocal.es/20130916/confident-spain-set-to-revise-up-growth-forecast
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        <pubDate>Mon, 16 Sep 2013 15:56:08 +0200</pubDate>
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            Madrid hails export-led recession ease-up
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            Spain&#039;s two-year, job-wrecking recession eased in the second quarter of 2013, official data showed on Thursday, as Madrid anticipated an imminent, export-powered end to the downturn.
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            https://www.thelocal.es/20130829/madrid-hails-export-powered-end-to-recession
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        <pubDate>Thu, 29 Aug 2013 11:53:00 +0200</pubDate>
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