Spanish Recovery: Reality or Illusion? (E13)
Spain’s economy is officially out of recession after more than two years, but with a growth figure of 0.1 percent is it really time to get out the sangria and start flamenco dancing? Unemployment has also improved, but remains at 26 percent – again, nothing to go get excited about! Katie Pilbeam speaks to Saxo Bank on the data and the reality of Spanish lives with RT’s Spanish correspondent Bricio Segovia. And the next time you make an international payment you might want to consider who is spying on you! That’s exactly why The European Parliament voted to suspend cooperation with Washington in a financial data sharing deal which could derail the biggest transatlantic deal – RT’s Berlin correspondent Peter Oliver gives us the latest. Plus, in corporate news, the world’s fastest-growing energy market and world’s biggest oil producer, China and Russia, sign multi-billion dollar deals, and RT’s in-house investor Sean Thomas updates us on his trading activity from Singapore.