''While Greece teeters on a possible exit from the euro there is a growing market focus on debt-laden Spain's ability to avoid a financial abyss.
There is a wealth of pressure on the Spanish economy - largely stemming from the collapse of its property bubble four years ago.Its recession was confirmed this morning by the latest estimate of GDP, which measured negative growth of 0.3% following a similar contraction in the final three months of 2011.''
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