Associated Press
Spain's Prime Minister Mariano Rajoy makes a speech at the Moncloa Palace in Madrid, Friday Dec. 28, 2012. In his end of year assessment, Mariano Rajoy said Friday the crisis had been worse than he had anticipated and that the first half of 2013 will be “very hard,” but that the economy should begin to recover in the second semester.Rajoy says the country’s economy will be in recession for some time and faces a tough year ahead as it grapples with a deep financial crisis and 25 percent unemployment. (AP Photo/Paul White)

View gallery

500 photos

Economy, business and finance photos

View Comments (0)