The News From Spain

can drive you insane...via BBC:

Spain's jobless level hits record 4.75 millionContinue reading the main story

The number of Spanish jobseekers rose for the eighth month in a row in March to hit a record 4.75 million.The Labour Ministry said the number of people filing for unemployment benefits rose by 38,769 with the services sector seeing the most jobs lost.

The jobless rate in Spain stood at 23.6% in February, according to EU figures released on Monday.
Meanwhile, Spain has said its public debt will leap more than 10 percentage points this year to 79.8% of GDP.

Of course, if you are Eurocrat or a finance ministry official, you will think that austerity isn't failing, it just hasn't been tried long and hard enough.