A woman uses an ATM cash point machine at a branch of the Bankia bank in Madrid, Wednesday, June 6, 2012. The Spanish economy is in recession for the second time in three years as the damage from a housing bust persists. Foreclosures are rising, Spain's banks are in worse financial shape and the government's deficit is hitting worrisome levels. The impact of the budget cuts has been brutal and unemployment has swelled to nearly 25 percent. Among people under age 25 it is a staggering 52 percent . (AP Photo/Daniel Ochoa de Olza)

Associated Press
A woman uses an ATM cash point machine at a branch of the Bankia bank in Madrid, Wednesday, June 6, 2012. The Spanish economy is in recession for the second time in three years as the damage from a housing bust persists. Foreclosures are rising, Spain's banks are in worse financial shape and the government's deficit is hitting worrisome levels. The impact of the budget cuts has been brutal and unemployment has swelled to nearly 25 percent. Among people under age 25 it is a staggering 52 percent . (AP Photo/Daniel Ochoa de Olza)
A woman uses an ATM cash point machine at a branch of the Bankia bank in Madrid, Wednesday, June 6, 2012. The Spanish economy is in recession for the second time in three years as the damage from a housing bust persists. Foreclosures are rising, Spain's banks are in worse financial shape and the government's deficit is hitting worrisome levels. The impact of the budget cuts has been brutal and unemployment has swelled to nearly 25 percent. Among people under age 25 it is a staggering 52 percent . (AP Photo/Daniel Ochoa de Olza)
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