spain, still underwater

The Pain In Spain Is Mainly Europe’s Bane
http://blogs.wsj.com/moneybeat/2014/05/29/the-pain-in-spain-is-mainly-europes-bane/

Spanish House Prices Decline Again
Decrease Smallest Since mid-2010, But Still 22nd Consecutive Quarterly Decline

http://online.wsj.com/news/articles/SB10001424052702303633604579589531028931924

Inflation Weakens in Italy and Spain
http://online.wsj.com/article/BT-CO-20140530-704206.html

"FRANKFURT--Annual inflation weakened in Italy and Spain, reports released Friday showed, further cementing expectations in financial markets that the European Central Bank will cut interest rates and take new measures to improve bank lending when it meets Thursday."

Spanish economy posts third straight quarter of growth
http://www.reuters.com/article/2014/05/29/us-spain-economy-gdp-idUSKBN0E90MM20140529

"The IMF said on Monday robust exports and better financial market conditions had fed into private consumption and business investment, but warned Spanish people were suffering from the legacy of the crisis with 6 million still out of work."

Spanish housing nightmare fades as buying picks up
Economic recovery helps entice buyers back into the housing market where prices have slumped since 2007 peak

http://www.scmp.com/property/international/article/1520025/spanish-housing-nightmare-fades-buying-picks

"Real estate is lagging but it'll follow now that the economy has started to grow," said Madrid-based Angel Laborda, chief economist at Funcas, Spain's savings banks' foundation. "It's taking much longer, but Spain is going through the same process as the US or Ireland, where construction is contributing to the economy again."