VOICED: Espana vuelve a la recesion

VOICED: Espana vuelve a la recesion

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Interactive Video

Other

10th Grade - University

Hard

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Spain has officially re-entered a recession, as announced on Monday. Since the 2008 housing bubble burst, Spain has fluctuated between weak growth and recession. The GDP fell by 0.3% in the first quarter, mirroring the last quarter of 2011. This recession is due to significant public account adjustments and intensified economic restructuring. Standard & Poor's downgraded nine Spanish banks and the sovereign rating of Spain. The government predicts a 0.2% GDP growth in 2013 after a 1.7% decline this year. The recession's duration depends on internal adjustments and external conditions, especially within the EU. Construction is stagnant due to austerity measures by Mariano Rajoy's government, aiming to reduce the deficit. Unemployment has hit a record 24.44%, increasing social unrest.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué porcentaje cayó el PIB de España en el primer trimestre mencionado en el texto?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Cuándo se prevé que España salga de la recesión según el gobierno?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué factores se mencionan que podrían influir en la duración de la recesión en España?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué política impuesta por el gobierno de Mariano Rajoy se menciona en el texto?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Cuál es la tasa de desempleo alcanzada en España durante la recesión?

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