Austerity to Increase as Spanish Recession Deepens

Spain’s recession worsened in the second quarter as consumer spending was battered by an austerity effort that is set to triple in scope through 2014 to tackle the euro area’s third-biggest budget deficit.

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56:05 - Full episode of "What'd You Miss?" Guests include: Bloomberg's Michelle Jamrisko, Joe Ciolli, Kevin Cirilli and Mark Cudmore. (Source: Bloomberg)
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