The burst of housing bubble in Spain prompted the sluggish economy and higher unemployment.
西班牙房地产泡沫的崩溃，引发了经济的萧条和高失业率。
A land of striking physical contrasts, Spain has an economy to match.
在有鲜明对比的土地上，西班牙拥有与之相匹配的经济。
Spain has achieved one of the most rapid increases in wealth in the euro zone, but it remains stuck with an unbalanced economy and low domestic productivity.
虽然西班牙如今已是欧洲经济增长势头最为迅猛的国家，却还是被经济的不平衡和生产力的落后所困扰。
The embattled Greek economy contracted for a seventh consecutive quarter, by 1.5%, while Portugal and Spain reported anaemic growth of 0.2%.
陷于窘境的希腊经济连续第七个季度下滑，跌幅为1.5%，葡萄牙和西班牙的经济增长疲软，为0.2%。
That would help ensure the European economy can continue to expand while economically troubled countries like Spain and Greece make wrenching cutbacks to reduce out-of-control deficits.
这将帮助确保西班牙和希腊等经济困难的国家努力削减开支降低失控的赤字之际，欧洲经济能够持续扩张。
Spain, Portugal and Ireland are set to cut their budgets by 2-3% of GDP in 2010 and 2011. Yet they are a fairly small part of the region’s economy.
西班牙，葡萄牙，爱尔兰计划在2010年到2011年减少2-3个GDP百分点的预算，而这些只占欧元区的很小的一部分。
In the streets of Spain where the economy went from boom to bust.
在西班牙，那里的街道经济从繁荣走向萧条。
Though Ireland represents only 1.8% of the euro-zone economy, its problems are Shared by other highly indebted countries along the zone's periphery, including Greece and Spain.
尽管爱尔兰经济只占欧元区经济的1.8%，但包括希腊和西班牙在内的高负债欧元区国家也有与爱尔兰同样的问题。
Germany's economy has regained its lost competitiveness, but it may come at the expense of Spain, where wages are rising fast.
德国经济已经重获她失去的竞争力，但它可能来自以牺牲工资快速增长的西班牙为代价的。
With the cost of oil threatening to further slow down an economy that is already in the doldrums, Spain is not lying down and taking it.
随着石油成本的上涨，将进一步限制已经处于萧条状态中的西班牙经济的增长速度。但是西班牙并不是坐以待毙。
There is also an increased risk that overvalued housing markets in countries such as Spain and Ireland could see a sharp correction, with significant knock-on effects for the rest of the economy.
欧元区经济还将面临的一个上行风险是，西班牙和爱尔兰等国虚高的房价可能会出现一次大幅修正，从而对其他经济领域产生重大的连锁效应。
There is also an increased risk that overvalued housing markets in countries such as Spain and Ireland could see a sharp correction, with significant knock-on effects for the rest of the economy.
欧元区经济还将面临的一个上行风险是，西班牙和爱尔兰等国虚高的房价可能会出现一次大幅修正，从而对其他经济领域产生重大的连锁效应。
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