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。

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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。

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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。

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In an economy the size of Spain's or Italy's they would be a terrible danger.

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Second, the UK has a currency that adjusts to the competitive strength or weakness of the UK economy alone, whereas - arguably - the exporting businesses of Spain and Italy are forced to sell overseas at higher prices than they would ideally like because the euro's value is determined by the perceived robustness of Germany's formidable manufacturing capacity.

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We thus manage to avoid loading the Cypriot Government with yet more debt which will, under the current plan, inevitably mean that the economy goes the way of Greece or Spain in the near future.

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