Spanish unemployment keeps climbing, with jobless claims reaching 4.7M in February, a 2.4%...

|By:, SA News Editor

Spanish unemployment keeps climbing, with jobless claims reaching 4.7M in February, a 2.4% increase from January and a sharp 9.6% jump from Feb. 2011. Meanwhile, EU officials insist Spain will get no leeway on its 4.4% budget target before May, but sources say Spain, due to outline its 2012 plan today, is working with a deficit target of 5.3-5.5%.