Spain continues to slide deeper into recession. Economic output fell by 0.7 percent on the same period in 2011. It's the steepest decline in three years. Spending cuts and tax hikes are putting the brakes on growth.
The center-right People's Party is projected to win an overall majority in Galicia's regional parliament. Meanwhile, the Basque Nationalist Party looks set to win the vote in its region.
Rodrigo Rato is accused of illegally spending huge amounts on luxury items during his time as chairman of Spain's Bankia. He's gone on trial with 64 other bank executives.
Spain's Basque and Galicia regions vote Sunday in elections that might help unblock the nation's nine-month political deadlock. A poor Socialist showing could lead to a right-wing coalition in Madrid.
Spain's acting Prime Minister Mariano Rajoy warned that the country may be forced to hold a third round of elections within a year. He accused his Socialist rival of refusing to cooperate in forming a government.
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