Business

Associated Press
Journalists work at the Stock Exchange in Madrid Monday July 23, 2012. The Bank of Spain says the country’s recession-plagued economy contracted 0.4 percent in the second quarter, a performance even worse than in the first three months of the year.The central bank blamed a big drop in domestic demand: minus 1.2 percent compared to minus 0.5 percent in the first quarter as household and government spending fell at a faster pace. It stressed that these figures were preliminary. (AP Photo/Paul White)

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