IMF says Spain has 'turned corner'

Madrid (AFP) - The IMF declared Tuesday that Spain's economic recovery is here to stay, hailing a return to growth and job-creation despite the nation's 26-percent unemployment rate.

Spain economic recovery 'gathering pace'

MADRID (AP) — Spain's economic recovery will gather pace this year but unemployment is set to remain above 20 percent until 2017, according to government predictions Wednesday.