IMF urges urgent action from Spain to create jobs, growth

MADRID: Spain's reform progress and a correction in its fiscal and external imbalances are helping it to stabilise its economy, but urgent action is needed to create jobs and stimulate growth, the International Monetary Fund said.

Spain's Rajoy adds some stimulus to the austerity

MADRID (Reuters) - Spain's conservative prime minister is preparing a package of small measures - such as tax breaks for young entrepreneurs - to stimulate the economy even as he vows to stick to budget cuts.